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

This on-again, off-again approach has fueled a wave of uncertainty, compounding concerns over monetary policy and the ...

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.

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

“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 ...

The president reportedly brandished a letter firing the Fed chair, then backed off, saying he likely wouldn’t dismiss him ...

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

Apart from the boost which an interest rate cut would provide for the speculators in financial markets, one of the factors in ...

U.S. President said he is not planning to fire Fed Chair Jerome Powell even as he unleashed a fresh round of criticism ...

Analysts have warned of serious financial fallout if Trump follows through. Deutsche Bank strategist George Saravelos said in ...

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

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