Powell is slated to give his annual address in Jackson Hole, Wyoming, on Friday. Swaps are pricing in a high probability the Fed will cut borrowing costs by a quarter point next month. In the face of mounting pressure from President Donald Trump for hefty reductions,

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.

Donald Trump is taking aim at a familiar adversary. The president complained about Jerome Powell in a new post on Tuesday night after weeks of back and forth surrounding the Federal Reserve chair. Trump claimed on Truth Social that Powell is “hurting” the housing industry “very badly”.

Only two members of the Federal Reserve board supported President Donald Trump’s push to cut rates during the central bank’s July meeting, according to

Federal Reserve Chair Jerome Powell will give a speech on the economic outlook and the Fed's review of its policy framework next Friday at the Kansas City Fed's annual central banking conference in Jackson Hole,

The administration accused the official, Lisa Cook, of mortgage fraud and said it would refer the matter for criminal investigation.

President Donald Trump on Wednesday urged Federal Reserve governor Lisa Cook to resign after a top housing regulator accused her of mortgage fraud.

President Donald Trump resumed attacks on Federal Reserve Chair Jerome Powell, this time claiming he is hurting the housing industry with high rates.