The U.S. president had previously insinuated otherwise as he said he could fire Powell if he wanted to. The Fed chair’s term ...

President Trump said ... statements and actions regarding Federal Reserve policy. Additional information was drawn from the ...

No president has tried to fire a Fed chief before, so there is no legal precedent for taking such a decision. However, ...

Chicago Federal Reserve President Austan Goolsbee has underlined the need to wait for policy action on tariffs before jumping ...

Trump’s threats against Powell and his higher tariff policies have driven down the dollar and also pushed up the interest ...

Meddling with the Federal Reserve's ability to independently set interest rates could result in dire consequences for the ...

Federal Reserve Bank of Chicago President Austan Goolsbee warned against efforts to curtail the central bank’s independence, ...

Chicago Fed President Austan Goolsbee has voiced serious concerns over President Donald Trump's recent remarks about removing ...

When there is interference over the long run, it’s going to mean higher inflation, it’s going to mean worse growth and higher ...

The Fed’s focus on long-term inflation expectations aligns with its mandate to ensure price stability and sustainable economic growth. Goolsbee’s comments come at a time when the central bank is ...

Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.