Not even 48 hours after the conclusion of last month's meeting, data from the Labor Department appeared to validate the concerns of Bowman and Waller when it showed fewer jobs than expected were created in July.

A potential candidate to succeed Federal Reserve Chair Jerome Powell, David Zervos, said that it’s inaccurate to describe the US central bank as independent, and characterized the outgoing Fed chief as aligned with the political left.

The president and his allies accuse Powell of dragging his feet on interest-rate cuts, in a caustic and unprecedented pressure campaign.

Minutes from the Federal Reserve’s July meeting showed policymakers grappling with a slowing labor market and inflation that remains above the central bank’s target.

The Federal Reserve is conducting technical research on the latest innovations, including tokenization, smart contracts, and artificial intelligence (AI) in payments, Governor Christopher Waller said at the Wyoming Blockchain Symposium on Aug. 20. This is a developing story.

Stocks finished mixed on Wednesday, with the Dow Jones Industrial Average securing a back-to-back gain and the S&P 500 dropping for a fourth consecutive day, after the Federal Reserve's most recent [m

The move comes as the administration continues to wage war against the Central Bank and its chair Jerome Powell.