The president prefers low interest rates. But the Federal Reserve Act protects the Fed chair's removal. Long-term rates are ...

US President Donald Trump this week escalated attacks on central bank chair Jerome Powell, suggesting he could be dismissed ...

Low rates can also inflate financial markets. Investors, unable to generate strong returns in safe assets, such as short-term ...

Federal Reserve Governor Christopher Waller said on Thursday (Jul 17) he continues to believe the US central bank should cut ...