Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...

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.

Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives and the public that they may be waiting longer than they had thought for ...

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

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

On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, according to economists surveyed by FactSet. If accurate, it would be ...

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

The U.S. consumer price index for January will be released at 8:30 a.m. Eastern on Wednesday. Economists expect headline annual CPI inflation of 2.8%, down a touch from January’s 2.9%. However, that ...

TOKYO (AP) — Asian shares mostly rose Wednesday, as regional markets continued to watch President Donald Trump’s latest ...

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 ...

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

Our monetary policy actions are guided by our dual mandate to promote maximum employment and stable prices for the American ...