President Donald Trump accused the Federal Reserve under Chairman Jerome Powell of "choking out the housing market" in his latest attack on the central bank's decision-making.

The president insists the Fed’s interest rate is costing the nation hundreds of billions. The math doesn’t work, Allan Sloan writes.

J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut central bank independence and increase inflation risks.

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later this month, with data showing fresh signs of higher inflation and President Donald Trump intensifying his demands for lower borrowing costs.

President Trump will sign into law a new set of regulations for a type of cryptocurrency that are seen as a way to legitimize the industry.

The Federal Reserve may already have the so-called shadow chairman that President Donald Trump has said he might soon appoint in a move that could be seen as part of a pressure campaign to lower interest rates and reduce government borrowing costs.

Donald Trump blamed his predecessor Joe Biden for appointing a 'terrible' Federal Reserve chair. Except Biden wasn't the president who handed Jerome Powell the job — Trump was

Wall Street benchmarks closed modestly higher on Wednesday, with the Nasdaq Composite achieving its latest record finish, despite a chaotic half hour when news reports suggested U.S. President Donald Trump was set to fire Federal Reserve Chair Jerome Powell.