Speaking at the annual Jackson Hole symposium, Powell said that with policy still restrictive and job market data weakening, the Fed could soon pivot.

U.S. stocks closed higher, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.

The Fed chair's remarks come against a fraught background with elevated inflation and weak hiring complicating the governors ...

The comments about Lisa Cook intensify Trump’s campaign against the central bank, which he has bashed over its decision to ...

Former Michigan State economist Lisa Cook came under continued fire from President Trump but it's unclear he can fire her ...

Wall Street is rallying on Friday after the head of the Federal Reserve indicated the cuts to interest rates that investors ...

Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.

Federal Housing Finance Agency Director Bill Pulte (left) has alleged that Federal Reserve Governor Lisa Cook of Michigan has committed mortgage fraud. Federal Housing Finance Agency Director Bill ...

Asian shares are mixed after Wall Street fell to a fifth straight loss, hurt by losses for Walmart and worries over coming ...

Bill Pulte — a private equity executive and social media philanthropist — has quickly become an outspoken fixture in the ...

President Donald Trump and one of his allies are calling for the resignation of Federal Reserve Governor Lisa Cook, who has several Michigan ties.