In recent weeks, Trump has moved to fire one member of the Fed's board of governors and secure Senate confirmation for another. Both officials are on track to be among the 12 policymakers who will cast votes on the interest-rate decision, though their status remained uncertain days before the Fed meeting.

Consequential debates over the path ahead on rates are being upstaged by political theater, including a legal fight over Fed independence and a ‘beauty contest’ succession drama.

Trump’s legal team asked a federal appeals court Thursday to let his order firing Federal Reserve Governor Lisa Cook take effect before the central bank’s policy meeting next week, according to CNBC.

Stocks were mostly higher in premarket trading Wednesday as markets waited for the Federal Reserve’s latest interest-rate decision from what could be one of the central bank’s most divisive meetings in recent history.

With the Fed expected to announce a US interest rate cut later this evening, Rachel Reeves may be looking across the Atlantic for some help says Laith Khalaf,

Tom Fortino, Founder and Principal, Alpha Wealth Group and host of “The Alpha Wealth Hour” on WGN Radio, joins John Williams to talk about what he expects the Fed to do with interest rates, why