Interest rates remain the main driver of the Forex (foreign exchange) market. More than any other factor, it is the decisions of central banks that drive currency values. In recent weeks, investor ...

Trump on Aug. 25 fired Federal Reserve governor Lisa Cook, an unprecedented move that brings the president one step closer to shaping the balance of the Fed's seven-member board in his favor.

Morgan Stanley has stunned the market by reversing its stance on the Fed’s September rate decisions, with odds of 0.25 bps ...

Donald Trump moved to oust Federal Reserve Governor Lisa Cook following allegations that she falsified mortgage documents, a ...

President Trump announced he’s removing the Biden-appointed Fed Governor over alleged mortgage fraud, though critics say the ...

Trump’s attempt to fire Cook is based on allegations of improper mortgage borrowing. The legality of this move is unclear, ...

Fed Chair Jerome Powell reenergized the stock market on Friday as investors took his Jackson Hole remarks as a wink and a nod ...

Lisa Cook is the first Black woman to serve as a Fed governor.Credit...Brittany Greeson for The New York Times Fed firing: ...

Benchmark Fed Funds futures show that the probability of a 25-basis-point reduction when the policy-steering Federal Open ...

President Donald Trump has fired Federal Reserve Governor Lisa Cook, a sharp escalation in his battle to exert greater ...

The dollar has limited scope to recover given the challenges facing the Federal Reserve, Commerzbank's Antje Praefcke said in ...