Political pressures aside, the US Fed faces a difficult predicament with inflation and unemployment rising at the same time.

On Thursday, the Trump administration asked the U.S. Supreme Court to immediately allow the president to fire Federal Reserve Governor Lisa Cook, even though evidence has emerged contradicting the ...

President Donald Trump has filed an emergency appeal with the United State Supreme Court seeking to stay a lower court order ...

Trump is testing the independence of the Fed by attempting to oust board member Lisa Cook and pushing for lower rates. He ...

These are words heard often on the news, usually in connection with interest rates, but what does the Federal Reserve ...

Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, further raised the odds ...

Every three months, the central bank updates a scatter chart showing where top officials believe rates are headed. Not everyone is a fan of the anonymous projections.

The Federal Open Market Committee (FOMC) did what many economists and traders predicted: It cut the benchmark federal funds ...

Jon Hilsenrath, a visiting scholar at Duke University and former economic reporter, talks about the government's negotiations over TikTok and the Federal Reserve's meeting this week.

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

The Lisa Cook battle of a successful Black woman who is a professional economist is important for the working class, Black community, labor movement and the socialist left. Trump’s sexism and racism ...

The Trump administration on Thursday asked a federal appeals court to let President Trump’s attempted ouster of Federal ...