Changing the way the Federal Reserve operates or assesses the economy may have a more durable impact on policy and markets than firing the Fed boss.

J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut central bank independence and increase inflation risks.

Interest rates result from a combination of economic factors, including the Federal Reserve's monetary policy. The Fed -- the country's central bank -- began gradually lowering its benchmark ...

(Reuters) -Federal Reserve Vice Chair for Supervision Michelle Bowman on Tuesday said the central bank's ability to set monetary policy without political interference is "very important." "It's very important

There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said on Tuesday, adding that the Fed chief's legacy should be to right-size the central bank's non-monetary policy functions.

Former President Donald Trump got Wall Street's attention this campaign cycle by asserting that he should have more influence over interest rates, which are set by the Federal Reserve. Rehashing a ...

If U.S. President Donald Trump's public attacks on Federal Reserve Chair Jerome Powell have achieved one thing, it has been to thrust the issue of central bank independence firmly into the spotlight.