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.

Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait for the labor market to weaken to reduce interest rates.

President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over i

Federal Reserve Chair Jerome Powell defended his answers in congressional testimony about the central bank’s building renovations in a letter Thursday that responded to questions raised by White House

"Dear Mr. Vought," Powell said in his letter, "both buildings were in need of significant structural repairs and other updates to make the buildings safe, healthy, and effective p

The dollar was on a fragile footing on Thursday having lost ground overnight as concerns U.S. President Donald Trump was preparing to fire the Federal Reserve chair shook confidence in U.S. markets.

Gold futures turned lower Thursday, pressured by a stronger U.S. dollar and reduced concerns that President Trump may attempt to fire Federal Reserve Chair Jerome Powell. Gold gained more than 1% in the previous session on reports that Trump was set to fire Powell soon,