President Donald Trump said on Truth Social that Federal Reserve Governor Lisa Cook “must resign, now!!!”Trump’s comment came after U.S.

Another Board of Governors opening would pave the way for the president to install a second pick friendlier to his push for lower interest rates.

President Donald Trump will tap his top economic advisor Kevin Hassett to be the next Fed chair, according to respondents to a special Jackson Hole Edition of the CNBC Fed Survey. But when asked who the president should pick, Hassett ranked a more distant fourth.

Fed rate cuts are unlikely to lower borrowing costs for American homebuyers, according to one CIO. Mortgage rates and home prices remain elevated.

A potential candidate to succeed Federal Reserve Chair Jerome Powell, David Zervos, said that it’s inaccurate to describe the US central bank as independent, and characterized the outgoing Fed chief as aligned with the political left.

Wall Street will be listening closely to Federal Reserve Chair Jerome Powell's speech Friday at the Jackson Hole economic policy summit, where he could signal whether the central bank is ready to cut borrowing costs at its next meeting in September.

Risks from a loss of independence at the Federal Reserve, coupled with a warning from S&P Global this week that the U.S. credit rating could be at risk, are creating the possi

Charles Plosser, the former president of the Federal Reserve Bank of Philadelphia who became an outspoken critic of the Fed’s easy-money policies following the 2008 financial crisis, has died. He was 76.