(Aug 26): Annual US inflation unexpectedly held steady in July well above the Federal Reserve's 2% target for the 65th straight month, and the pause in the decline from a recent Iran-war induced peak is likely to add to the central bank's tense debate over whether interest rates should be lifted or»»»

WASHINGTON, United States, Aug 27, 2026 (BSS/AFP) - Federal Reserve Governor Lisa Cook rejected renewed mortgage fraud allegations from the White House on Wednesday, saying President Donald Trump has no lawful grounds to fire her. Her response, sent by attorney Abbe Lowell and seen by AFP, meets a »»»

WASHINGTON - Federal Reserve Governor Lisa Cook’s lawyer on Aug 26 offered a detailed rebuttal to the accusations of mortgage fraud that US President Donald Trump asserts provide cause to fire her, saying they rely “on untried and unproven allegations of criminal wrongdoing.” “Governor Cook has nev»»»