The Federal Reserve's dual mandate — price stability and maximum employment — normally provides a clear directional signal for monetary policy. When unemployment rises, the policy prescription is easier financial conditions.

The Federal Reserve was hit with transaction issues on Tuesday, but the problems were resolved by the afternoon. Newsweek reached out to the Federal Reserve for comment via email. Federal Reserve Financial Services confirmed the transaction issues had been resolved in an update at 1:41 p.m. ET.

The Iran war and President Trump's tariff and trade policy may take a back seat to an imminent change at America's foremost financial institution.

The case has raised concerns about political pressure on the US central bank.

Kevin Warsh's path to leading the Federal Reserve faces a hurdle as a Senate member holds up the nomination over ongoing Justice Department probe concerns.

By David Thomas March 13 (Reuters) - The U.S. Federal Reserve Board tapped Robert Hur, a prominent former prosecutor who investigated former Democratic President Joe Biden's handling of classified documents,

From the ongoing shifts in interest rates to President Trump’s nomination of Kevin Warsh as Fed Chair, and disagreements over where policy should go next,