U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as unflappable Federal Reserve chief Jerome Powell sat for a second day on ...

On Wednesday, the government reported that inflation picked up last month, with consumer prices rising 3% in January from a year earlier, up from a 3 1/2 year low of 2.4% in Septe ...

Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...

Actions of the central bank can be mistaken. But long history shows that no matter the party, presidents often push for ...

Bitcoin leads record $2.9B crypto ETP outflows as investors react to market uncertainty and regulatory concerns.

Economists agree that presidents’ influence on prices is fairly limited. But that doesn’t stop politicians from trying to ...

The idea that America’s central bank should operate without political interference is a norm without ironclad protections, ...

WASHINGTON — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.

Donald Trump’s second innings as president is ... An angry Trump lashed out at the Fed and its chairman Jerome Powell for doing a terrible job. Fed’s reticence is understandable.

“A tidal wave of fear, uncertainty and doubt (FUD) has been unleashed across the cryptocurrency market after U.S. president Donald Trump’s Friday tariff announcement,” Petr Kozyakov, chief executive ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead the central bank to change its rate decisions.

The executive order is particularly challenging for the central bank because its insulation from short-term politics helps give it credibility in financial markets.