"The labor market is really cooling off," said Fed Chair Jerome Powell, who's been under unprecedented pressure to slash ...

President Donald Trump has been attempting to assert more control over the historically independent central bank.

Federal Reserve Gov. Lisa D. Cook PHOTO COURTESY OF WIKIPEDIA President Donald Trump’s administration renewed its request ...

The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.

The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, ...

The petition comes one day after Cook joined Fed Chair Jerome Powell in an 11-1 vote for a quarter-point cut to the federal ...

An appeals court has ruled that Lisa Cook can remain a Federal Reserve governor, rebuffing President Donald Trump’s efforts to remove her just ahead of a key vote on interest rates ...

President Donald Trump's administration is appealing a ruling blocking him from immediately firing Federal Reserve Gov.

How mortgage rates are determined] WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more ...

The Fed's two-day meeting to set interest rate policy began Tuesday, following eleventh-hour determinations of voting members ...

Donald Trump’s attempt to remove Lisa Cook from the Federal Reserve Board is a dangerous threat to the board’s independence, ...

President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors. Her attorney countered that ...