Statement by Jerome H. Powell, Chair, Board of Governors of the Federal Reserve System before the Committee on Banking, ...

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...

Federal Reserve Chair Jerome H. Powell faces four challenges at once, all of them daunting.

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...

Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.

Cryptocurrencies lost heavily in the past 24 hours as markets digested the interest rate guidance contained in Fed Chair Jerome Powell's Senate testimony on Tuesday. Anxiety ...

According to global cryptocurrency tracking site CoinMarketCap, as of 7:50 a.m. on the 12th, Bitcoin is trading at $95,709 ...

A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...

Federal Reserve Chair Jerome Powell delivered a simple message to Congress to start two days of testimony on Tuesday: Because the economy is doing well, the Fed can take its time to decide when and wh ...

Jerome H. Powell, the Fed chair, said the central bank was not on a “pre-set course.” 8 Federal funds target rate 6 No change 4 RECESSIONS 2 The Fed held interest rates steady at its first ...