The remarks come a day after another another Fed official said there is room for a cut—showing the challenge Fed Chair Jerome Powell faces in trying to build consensus.

President Trump expects his next Fed chair to lower rates, but growing internal opposition shows the limits of a leadership change—and threatens to end decades of consensus.

With Jerome Powell's term ending in May, several candidates are in the running to become the next Federal Reserve chair.

John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs ...

The third quarter began with the Trump administration signing into law the One Big Beautiful Bill Act on July 4.

U.S. President Donald Trump on Wednesday doubled down on his criticism of Federal Reserve Chair Jerome Powell for not lowering interest rates more quickly, saying: "I'll be honest, I'd love to fire ...

Larry Summers, once a prominent figure in Washington and academia, has stepped back from his teaching post at Harvard ...

President Donald Trump said he thinks he’s identified his choice to be the next chair of the Federal Reserve while asserting ...

U.S. President Donald Trump said Tuesday he has started interviewing candidates for the next Federal Reserve chief and hinted ...

U.S. President Donald Trump said on Tuesday his administration has started interviews for the position of the next Federal ...

Jerome Powell built his leadership around consensus, extending a style that Ben Bernanke and Janet Yellen used to keep public ...

Federal Reserve policymakers are split over whether they should continue cutting interest rates, ending the long stretch of consensus that has defined Chair Jerome Powell’s leadership of the central ...