Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.

Federal Reserve Bank of Chicago President Austan Goolsbee warned against efforts to curtail the central bank’s independence, ...

The Federal Reserve is complicated and carries out numerous functions.

Monetary policy can be wielded as a tool to boost an economy around election time, which explains why politicians want to ...

Turkey's central bank hiked its key interest rate by 350 basis points to 46% on Thursday, in a surprise move that reversed an ...

Denmark's central bank cut its key interest rate by 25 basis points to 1.85% on Thursday, following the European Central Bank ...

The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by ...

Worries about economic growth fueled by U.S. President Donald Trump's tariff onslaught will likely push the European Central ...

The European Central Bank cut its main interest rate by a quarter of a percentage point Thursday, citing growing trade tensions after US President Donald Trump’s tariffs sparked a global trade war.

President Donald Trump suggested twice on Thursday he could remove the Federal Reserve’s Jerome Powell from his position as chair, a move that would shatter the U.S. central bank’s position ...

(Reuters) - China's central bank will not allow sharp yuan declines and has asked major state-owned banks to reduce U.S.