Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job as head of the U.S. central bank if asked by President Donald Trump, but so far Trump has not contacted him about it.

One Fed paper found LLMs have a surprisingly good understanding of the economic topics discussed in the Fed’s minutes, while another looked at using machine learning to forecast financial crises, Cook said.

President Donald Trump continues to face backlash from his MAGA supporters over his administration's handling of the Jeffrey Epstein files, calling on Attorney General Pam Bondi "to produce any and all pertinent Grand Jury testimony, subject to Court approval" related to the case.

"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth's Dominic Pappalardo.

Warren added the next Fed chair will face a tough task proving they’re committed to central bank autonomy, as concerns grow that Trump may nominate someone more loyal to him than to economic principles.

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.

The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.

It isn’t just the U.S. Other countries have also come to expect an independent U.S. central bank.