Federal Reserve Governor Christopher Waller said on Thursday he continues to believe the U.S. central bank should cut interest rates at the end of this month amid mounting risks to the economy and the strong likelihood that tariff-induced inflation will not drive a persistent rise in price pressures.

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.

Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade barriers are likely to spark more inflation in the months ahead. Speaking at a housing conference in Washington,

One Fed paper found LLMs have a surprisingly good understanding of the economic topics discussed in the Fed’s minutes, while another looked at using machine learning to forecast financial crises, Cook said.

Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next Fed Chair.

It isn’t just the U.S. Other countries have also come to expect an independent U.S. central bank.

"It doesn't occur to me in the slightest that there would be any situation in which I would not complete my term other than dying," Powell said in 2019.