The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.
Presidents can control monetary policy even without replacing the Fed chair, Benn Steil writes in a commentary essay.
The central bank has lowered interest rates by 0.75-point since September.
Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the ...
An independent central bank is "fundamental" to getting good economic outcomes, a senior Federal Reserve official said Thursday, shortly after Donald Trump won the US presidential race.
As speculation continues to simmer about whether U.S. President-elect Donald Trump might try to fire Federal Reserve Chair ...
WASHINGTON (AP) — A Federal Reserve official gave a lengthy defense of the central bank’s political independence Thursday, ...
Speaking at a news conference, though, Fed Chair Jerome Powell said that “in the near term, the election will have no effects ...
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 ...