Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large ...

Treasury Secretary Scott Bessent said on Tuesday it would be less confusing for the markets if Federal Reserve Chair Jerome Powell stepped down as a Fed governor at the same time that his term as ...

Inflation likely accelerated in June as sweeping tariffs on nearly all imports may have pushed up prices for electronics, appliances, and other goods, economists forecast.

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor." ...

Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve’s credibility.

The president slapped 30% tariffs on two of America’s biggest trading partners and went on TV to fume about the head of the Federal Reserve.

US Fed chair Jerome Powell continues to face mounting pressure to step down amid scrutiny into whether he was truthful to ...

President Trump's war on Federal Reserve chair Jerome Powell is taking on a more aggressive form, bringing Trump a step ...

The Federal Reserve’s political independence — the sense that the world’s most powerful central bank makes decisions based on ...

Latest news and live updates as Trump announces the U.S. will send Patriot missiles to Ukraine and meets with NATO's ...