Kansas City Fed president Jeffrey Schmid opened the door to rate cuts in September, but remains wary of inflation pressures in the economy.

Grownups like Powell and Cook are firm, but restrained. In a piece about Powell this week the WSJ quoted one of his former colleagues as saying, “I think it is no more subtle than he wakes up every ...

The average rate on a 30-year U.S. mortgage held steady this week at its lowest level in nearly 10 months, an encouraging sign for prospective homebuyers who have been held back by stubbornly high ...

Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...

The independence of the US Federal Reserve is under scrutiny. President Trump has pressured the Fed to cut interest rates. He ...

Then again, if I had told you a year ago that Trump, if elected, would demand that the international body of water that has ...

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation ...

NEW YORK (AP) — U.S. stock indexes are edging lower on Thursday as Wall Street makes its final moves before the head of the Federal Reserve gives a highly anticipated speech on Friday that could hint ...

OAS stands for 'Option Adjusted Spread' and represents the portfolio spread over equivalent duration treasuries. When spreads are tight investors should hold or sell, while wide spreads might present ...

Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell's high-profile speech Friday ...

The annual economics symposium, which begins Thursday, brings together top monetary policy officials from around the world and always makes headlines in the financial press. There are at least three ...