Presidents can control monetary policy even without replacing the Fed chair, Benn Steil writes in a commentary essay.

Speculation arises over Trump's ability to fire Fed chief Powell, highlighting the Fed's independence from presidential ...

The central bank’s governors vow to re-elect Jerome Powell chairman even if the president fires him.

Two days after Donald Trump became the first American since Grover Cleveland to win nonconsecutive presidential elections, the Federal Reserve announced a ...

Trump has repeatedly argued that he does not agree with Jerome Powell. Will he try to remove him from the Federal Reserve?

Musk – the richest person in the world with a net worth of $304 billion, according to Forbes – played a central role in ...

Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the ...

Gold prices have been on a tear all year, but the love hasn't transferred to exchange-traded funds that invest in the precious metal. But now, the tides are turning.

The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.

Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...

Powell is indicating he wouldn’t go down without a fight if Trump tries to remove him. How a battle could shake out.

While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...