The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.

The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...

Kansas City Federal Reserve Bank President Thomas Hoenig, stepping up his criticism of Fed policy, said its plan to keep the key interest rate near zero may backfire by fanning ...

Hoenig was with the Federal Reserve for 38 years, beginning as an economist and then as a senior officer in banking supervision during the U.S. banking crisis of the 1980s. In 1986, he led the Kansas ...

Federal Reserve monetary policy over the long run must be aimed at maintaining the U.S. dollar's value by focusing on keeping inflation low, Kansas City Fed President Thomas Hoenig said on Monday.

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to reduce ...

U.S. economic growth will likely persist amid risks from the federal deficit and Europe's debt crisis, says Thomas Hoenig, president of the Federal Reserve Bank of Kansas City.

Kansas City Federal Reserve Bank President Thomas Hoenig said on Monday that despite a sense that "the sky is falling," the U.S. economy is resilient and will emerge stronger from the current ...