Federal Reserve Chair Jerome Powell refuted allegations of mismanagement in the Federal Reserve Board’s renovation project, responding to concerns raised by White House Budget Director Russ Vought.

Russell Vought, Director of the White House Office of Management and Budget, had accused Powell of “gross mismanagement” and ...

US President Donald Trump this week escalated attacks on central bank chair Jerome Powell, suggesting he could be dismissed ...

Low rates can also inflate financial markets. Investors, unable to generate strong returns in safe assets, such as short-term ...

Donald Trump has raised the revamp costs as a possible reason for ousting the US central bank chief, alleging possible fraud.

The yen steadied as Japan’s key price measure cooled a tad more than expected, while remaining well above the Bank of Japan’s ...