Prosecutors say John Harold Rogers worked with co-conspirators in China to steal trade secrets from the Fed's Board of Governors and Open Market Committee.
A former senior adviser to the U.S. Federal Reserve, John Harold Rogers, was arrested on charges he conspired to steal Fed trade secrets for the benefit of China, the Justice Department announced on Friday.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty over inflation and economic conditions.
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the Fed's decision, explain what it means, and provide analysis.
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
A former top dog at the Federal Reserve has been caught red-handed. John Harold Rogers, a 63-year-old Virginia resident and longtime Fed insider, was arrested on Friday after US prosecutors accused him of leaking sensitive economic data to Chinese intelligence operatives.
Some economic forces are impossible to ignore. That seems to be developing between the Trump White House and the bond market, which is indicating that it is displeased.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and starts.