The U.S. Supreme Court's conservative justices appear ready to endorse President Donald Trump's power to fire a regulatory agency official despite job protections given by Congress. But they have signaled reluctance to give him similar authority over the Federal Reserve in a major case set to be argued next month.

The next chair of the Federal Reserve might already be a disappointment to President Donald Trump – even before they’re named.

Three members of the Federal Reserve's policy committee discussed interest rates on Friday, and fittingly, given the divisions on the committee, had three different views on where it should go.

If the Fed holds interest rates steady as a means of protecting against inflation, it risks a deeper slowdown of the labor market. On the other hand, by lowering rates to stimulate hiring, the Fed threatens to boost spending and worsen inflation.

With the Fed’s third rate cut this year, refinancing your mortgage at a 0.50% lower rate can save you over $40,000. Here are the best lenders to choose from.

Bitcoin traders wondering what the digital currency’s price will do next should closely monitor policy developments, according to several analysts.

The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third interest rate cut this year in an effort to revive a sluggish labor market. The reduction of interest rates could deliver some relief for mortgage and credit card borrowers.

Wall Street is optimistic about the stock market going into next year on hopes that lower interest rates will lift growth.

Federal Reserve Bank of Philadelphia President Anna Paulson said Friday she expects inflation to cool next year though she cautioned there is a risk of a further downturn in the labor market.

Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point.

Federal Reserve officials reinforced Friday why this week’s rate cut was so contentious, with one arguing the central bank’s credibility on inflation gives it room to keep easing if the labor market softens and another warning cuts could squander decades of hard-won gains in anchoring price expectations at a low level.