One Fed paper found LLMs have a surprisingly good understanding of the economic topics discussed in the Fed’s minutes, while another looked at using machine learning to forecast financial crises, Cook said.

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.

"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth's Dominic Pappalardo.

Former Cleveland Fed President Loretta Mester joins 'Squawk Box' to discuss the mounting pressure on the Federal Reserve and Fed Chair Powell, state of the economy, rate path outlook, and more.

Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.

The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.

It isn’t just the U.S. Other countries have also come to expect an independent U.S. central bank.

If you’re happy with your mortgage rate but want to tap into your home’s equity, consider how the Federal Reserve’s next meeting could impact what you’ll pay.