US President Donald Trump moved to fire Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing ...

India’s benchmark indices Sensex and Nifty traded lower on Tuesday, pressured by worries over U.S. trade measures after the ...

The Naira settled at N1,550 against the U.S dollar; at the unofficial market from N1,550/$ Settlement price on Sunday while ...

Ms Cook was appointed as governor of the Federal Reserve in 2022 by Democratic President Joe Biden, becoming the first ...

President Donald Trump fired Federal Reserve governor Lisa Cook on Monday night, likely teeing up a legal battle over the Fed ...

U.S. stock index futures slipped on Tuesday, pressured by a rise in longer-dated Treasury bond yields as President Donald ...

Two of the last few remaining Wall Street holdouts on the Fed easing next month have finally conceded defeat and now expect ...

D onald Trump has not been shy: he wants interest rates down, fast. For months, the president has berated the Federal Reserve ...

Benchmark Fed Funds futures show that the probability of a 25-basis-point reduction when the policy-steering Federal Open ...

The importance of that independence was underscored during the 1970s, when then-Fed Chair Arthur Burns, under pressure from President Richard Nixon, kept rates low ahead of the 1972 election.

President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors — a dramatic move after ...

Interest is the monetary charge for the privilege of borrowing money, typically expressed as an annual percentage rate.