Trump indicated that Powell’s handling of an extensive renovation project on two Fed buildings could be grounds to fire him.

The rate of annual inflation was 3.6% in June, up from 3.4% in May, figures from the Office for National Statistics showed Wednesday. That contrasted with the expectations of economists polled by The ...

President Trump’s fight against Federal Reserve Chair Jerome Powell has taken on a new dimension, with an overhaul of the central bank’s headquarters at the center of a growing White House ...

President Trump on Wednesday told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve ...

Asian markets were mixed Wednesday as they weighed Indonesia's trade deal with Washington and a spike in US inflation that ...

Oil rose amid seasonal demand hopes. "We're entering the U.S. peak driving season, where gasoline consumption tends to spike," said Fawad Razaqzada, a market analyst at City Index and FOREX.com.

Tech firms led another rally in Hong Kong stocks Wednesday after US titan Nvidia said it would resume exports of key chips to China after Washington pledged to remove licensing ...

President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve ...

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

Analysts say the latest dust-up between President Donald Trump and Fed Chair Jerome Powell may be more than meets the eye and that markets may not be concerned enough about the situation.

The Senate banking committee’s top Democrat is calling on the Federal Reserve to throw out a proposed rule for the amount of money that big banks are allowed to borrow relative to their capital.