A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been h ...

The remark came in response to being asked about firing Fed chair Jerome Powell, whom president Donald Trump has repeatedly attacked in recent weeks for not cutting interest rates.

US Treasury Secretary Scott Bessent has expressed a need to examine the performance of the Federal Reserve, which has ...

The Federal Reserve last cut its key benchmark interest rate in December, reducing it by 0.25 percentage points to a target ...