President Donald Trump’s relentless calls for dramatic reductions in interest rates, along with his ability to make changes to the Federal Reserve’s leadership, is drawing more attention to the way monetary policy decisions are made — and the people who make them.

A team of economists at BofA Global Research outlines why investors might be putting too much stock in a September interest-rate move.

The President ruled out Treasury Secretary Scott Bessent to succeed Jerome Powell but said there are four others on his list.

President Trump said he has four finalists in mind to replace Fed Chair Jerome Powell while ruling out Treasury Secretary Bessent as a possibility.