The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...

Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump's calls for lower interest rates won't lead the ...

Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...

Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's ...

Now consider bitcoin: much like these scarce precious metals, bitcoin is now widely regarded as “digital gold,” including by ...

President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.

A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...

Federal Reserve Chair Jerome Powell, appearing for a second day of testimony before Congress, said central bank officials remain in a wait-and-see mode when it comes to deciding where interest rates ...

Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...