Presidents can control monetary policy even without replacing the Fed chair, Benn Steil writes in a commentary essay.

Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the ...

As speculation continues to simmer about whether U.S. President-elect Donald Trump might try to fire Federal Reserve Chair ...

Federal Reserve Chair Jerome Powell is giving remarks Thursday afternoon, as the Biden administration prepares to cut ...

The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high ...

That’s because, as one former Federal Reserve chair famously said, central bankers’ job is to remove the punchbowl right when the party is just getting started. Said differently, they have to ...

The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after the central bank's surprise jumbo cut in September. The Fed shaved ...

There are approximately 18 months to go before the president — whomever that may be at the time — will need to appoint a new Federal Reserve chair. In July, current Chairman Jerome Powell said he ...

On Thursday, the Fed’s policymakers, led by Chair Jerome Powell, are on track to cut their benchmark rate by a quarter-point, to about 4.6%, after having implemented a half-point reduction in ...

Fed Chair Jerome H. Powell said in a news conference after the meeting that inflation has “eased significantly over the past two years” and that he was confident it would continue to do so ...