The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year.

In a sign of how unusual this week’s Federal Reserve meeting is, the decision it will make on interest rates — usually the main event — is just one of the key unknowns to be resolved when officials ...

The once-proud façade of 925 Grand is now marked by shattered glass and plywood, as pigeons roost inside the abandoned Federal Reserve building, adding to its deepening decay. Monty Davis ...

President Donald Trump is removing Federal Reserve Governor Lisa Cook effective immediately, according to a letter he posted to Truth Social on Monday night. In the letter, Trump writes: "Pursuant to ...

Hoping that mortgage rates will keep dropping following the Federal Reserve's first rate cut since last year? Don't bank on it.

The Justice Department has issued subpoenas as part of an investigation into mortgage fraud allegations against Lisa Cook, ...

President Trump fired Federal Reserve Gov. Lisa Cook Monday over allegations that she committed mortgage fraud. “Pursuant to my authority under Article Il of the Constitution of the United States and ...

The Federal Reserve is monitoring new inflation data as it weighs potential interest rate adjustments due to a shaky job market and ongoing economic challenges. We're looking at core inflation, which ...

President Trump told Lisa Cook that he had found sufficient cause “to remove you from your position.” Ms. Cook and her lawyer said they would fight the firing. By Tony Romm Colby Smith and Ben ...

Mr. Furman, a contributing Opinion writer, was the chairman of the White House Council of Economic Advisers from 2013 to 2017. This week could mark the beginning of the end of the Federal Reserve as ...

Joe Walsh is a senior editor for digital politics at CBS News. Joe previously covered breaking news for Forbes and local news in Boston. Washington — President Trump said Monday he has fired Lisa Cook ...