Donald Trump is narrowing down his choice for the next Federal Reserve governor. His decision will have a huge impact on the ...

President Donald Trump has nominated a top economic adviser to the Federal Reserve’s board of governors for four months, ...

December U.S. gold futures settled 1.1% higher at $3,491.30 per ounce after hitting a record $3,534.10 when the Financial Times first reported the news. Spot gold eased 0.08% to $3,394.24 an ounce.

Wall Street rose on Friday, setting up a strong finish to the week, after Trump's interim pick for a Fed governor post fueled expectations.

Wall Street's main indexes opened higher on Friday as U.S. President Donald Trump's temporary pick for a Federal Reserve governor post fueled expectations of a more dovish central bank board.

Dollar strengthens and Treasury yields rise on reports favoring Christopher Waller for Fed chair, signaling continuity in policy approach and stability for markets.

“By selecting Miran, Trump has made a stop-gap appointment and given himself until January to make the main call,” said ...

The US Dollar is reverting to the previous two days' losses as investors welcomed reports suggesting that Fed Governor Waller is emerging as a top candidate for the replacement of Chair Powell in May, ...

As President Trump installed a dovish ally in the FOMC, the Bank of England struck a more hawkish tone, narrowly voting for another 25bp cut ...

Miran has argued for stronger presidential control over Fed BoardTrump has pressured Fed to cut ratesEconomic data may be ...

Trump said he had named Stephen Miran, the chair of the White House’s Council of Economic Advisers, to fill a seat vacated by governor Adriana Kugler, a Biden appointee who is stepping down on Friday.