The Latest Breaking News from the Federal Reserve

Highly respected figure has cast off restrained approach in defending central bank from escalating attacks

Chairman has dismissed probe as a political attack brought about because he refuses to lower interest rates in line with ‘the preferences of the president’

Inflation likely remained elevated last month as the cost of electricity, groceries, and clothing may have jumped and continued to pressure consumers’ wallets

Scott Bessent believes the Department of Justice has ‘made a mess’ with its unprecedented investigation into the Fed chair, according to insiders

You know what we're not talking about amid the latest Fed dustup? Trump's awful polling numbers, even among his own supporters.

No one likes high interest rates on credit cards and loans, but artificially lowering interest rates via executive power is not a solution.

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.08%. March E-mini S&P futures (ESH26 ) rose +0.16%, and March E-mini Nasdaq futures...

The dollar index (DXY00 ) on Monday fell by -0.27%. Threats to Fed independence hammered the dollar on Monday after Fed Chair Powell said the Justice Department's threat of criminal charges against the Federal Reserve over his June testimony on Fed headquarters renovations is the consequence of the Fed not...

Republican Senator Lisa Murkowski criticized the Trump administration on social media for its investigation into Federal Reserve chair Jerome Powell.

GOP pushback could imperil Trump’s efforts to remake the central bank’s board in his own image

The Justice Department served subpoenas on the Fed about a project to remodel the central bank's historic buildings.