The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the central bank.

Asian shares are mixed after Wall Street fell to a fifth straight loss, hurt by losses for Walmart and worries over coming cuts to interest rates

So many Federal Reserve officials have said they are waiting for data over the next few weeks before deciding on a September rate cut that it doesn't leave Fed Chair Jerome Powell much room to clearly signal a rate cut,

Almost all” officials backed July’s interest-rate decision, even though two governors backed a rate cut, according to a meeting summary.