Federal Reserve Bank of Chicago President Austan Goolsbee said while some recent inflation readings have come in better than expected, he hopes one “dangerous” data point is just a blip.

The market is watching for signs from Federal Reserve Chair Jerome Powell's Friday speech about whether the central bank will lower interest rates at its September meeting. President Trump has been vocal in his opinion that the Fed is overdue to cut rates and in his criticism of Powell himself.

I have no intention of being bullied to step down from my position because of some questions raised in a tweet,” Cook said in a statement.

Chicago Fed President Austan Goolsbee said the surprising jump in producer-price inflation in July was a "dangerous data point" that has upset, as least temporarily, his benign view on inflation. "You saw services inflation,

Fed rate cuts are unlikely to lower borrowing costs for American homebuyers, according to one CIO. Mortgage rates and home prices remain elevated.

CNBC’s Steve Liesman and Kansas City Fed President Jeffrey Schmid join 'Squawk Box' to discuss Fed Governor Lisa Cook's mortgage allegations, the political pressure facing the Fed, strength of the labor market,

San Francisco appeals court pauses judge's decision blocking DHS termination of Temporary Protected Status for immigrants from three countries amid racial bias claims.