President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...

Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the ...

Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...

Another batch of upbeat U.S. economic data including solid retail sales boosted risk appetite on Thursday, pushing to the ...

“It’s by now widely agreed, almost all over the world: If you leave monetary policy in political hands, you’ll get too much inflation,” Alan Blinder, a professor of economics at Princeton University ...

President Donald Trump this week said he had discussed with a group of Republican lawmakers the possibility of firing Federal ...

After reports that President Trump planned to fire Federal Reserve Chair Jerome Powell sent markets lower, the president denied the reports, fueling a rebound. Wall Street experts are coming out in ...

In 1997, billionaire Carlyle co-founder David Rubenstein hired a then-relatively unknown member of the George H.W. Bush ...

Trump has called for aggressive cuts. Powell and the Federal Open Market Committee, which sets rates, have taken a wait-and-see approach on interest rates, partly due to concerns about how Trump's ...

Some of the biggest names on Wall Street are getting louder about the importance of an independent Federal Reserve as the White House pressure on Jerome Powell intensifies.

Fed independence is ‘something we should fight to preserve,’ says David Solomon, CEO of Goldman Sachs. The nation’s biggest ...

Donald Trump's threat to fire the head of the Federal Reserve, America's central bank, is a financial train wreck unfolding ...