Stephen Miran and Lisa Cook will both cast votes at the central bank’s meeting on Wednesday, where policymakers are expected to lower interest rates.

The Federal Reserve’s nearly-unanimous decision Wednesday to reduce its key interest rate was seen by many observers as a quiet show of unity and independence amid President Donald Trump’s relentless pressure for steeper cuts and his unprecedented

The U.S. Federal Reserve began a two-day meeting on Tuesday with a new governor on leave from the Trump administration joining the deliberations and a second policymaker at the table still facing efforts by President Donald Trump to oust her.

Gary Stern, Fmr. Minneapolis Fed President, joins 'Money Movers' to discuss the threat to Fed independence and his expectations for the upcoming Fed meeting this week.

FOMC has cut the benchmark interest rates by 25 bps to 4%-4.25%, and has signaled two more rate cuts this year. Asian markets traded higher, while the Indian stock market benchmark indices, Sensex and Nifty 50,

Who should control America’s money supply: the experts, or elected representatives of the people? President Donald Trump has made moves to influence the central bank, but experts said that could cause issues.

James Bullard, the former president of the Federal Reserve Bank of St. Louis, said Monday he’d spoken last week with Treasury Secretary Scott Bessent about becoming central bank chair, and that he’s very interested in the job under the right set of conditions.