Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.

Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may ...

Britain's FTSE 100 closed at a record high for the third straight day on Thursday with healthcare stocks leading the gains, ...

Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...

July’s weak jobs report could be grounds for a big rate cut come September.

Wall Street's main indexes slipped on Thursday, as cautious investors awaited clues on monetary policy from a Federal Reserve conference in Jackson Hole, while big-box retailer Walmart's quarterly ...

Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.

Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell's high-profile speech Friday ...

The annual Jackson Hole Economic Symposium takes place later this week. It will attract policymakers from around the world and feature highly anticipated remarks from Federal Reserve Chair Jerome ...

The annual economics symposium, which begins Thursday, brings together top monetary policy officials from around the world and always makes headlines in the financial press. There are at least three ...

This year’s summit carries additional weight: it will be Powell’s last appearance at Jackson Hole as Fed chair before his ...