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

US President Donald Trump asked the Supreme Court on Thursday to allow him to fire Federal Reserve Governor Lisa Cook, setting up a high-stakes decision that could pierce the central bank's ...

President Donald Trump took his effort to remove a governor from the Federal Reserve to the Supreme Court on Thursday, asking the justices to remove Lisa Cook from the powerful board a day after it ...

The US Federal Reserve on Wednesday lowered interest rates for the first time this year, flagging slower job gains and risks ...

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 prospect of lower mortgage rates could perk up a sluggish metro Atlanta housing market, but experts say other factors, such as concerns about the economy, are at play.

But with the market already booming and the Federal Reserve under presidential pressure, a new cycle of lower rates could ...