Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...

After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...

Donald Trump’s offensive against diversity, equity and inclusion programs is putting the US central bank in an uncomfortable ...

Powell made clear that Fed policymakers are in no rush to reduce interest rates further, after lowering borrowing costs by a ...

Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...

Fed Chair Jerome Powell said “we do not need to be in a hurry to adjust our policy stance” and monetary policy is “well ...

Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," ...

Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its ...

The Federal Reserve kept interest rates steady at 4.25% to 4.5%, despite US president Trump's call for deeper cuts. Trump has ...