The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with ...

The Fed chair told lawmakers the central bank remains focused on ensuring one-time price hikes from higher tariffs won’t ...

Federal Reserve Chair Jerome Powell, under continued attack from President Trump, says the impact of tariffs on inflation ...

Most equities extended a global rally Wednesday after Iran and Israel agreed to a ceasefire that ended more than a week of ...

Global stocks zoomed to an all-time high on Tuesday and oil sank for a second day as a shaky truce between Iran and Israel ...

Right off the bat, Federal Reserve Chairman Jerome Powell was asked whether an interest-rate cut in July is on the table at a hearing before Congress. Two other Fed Govs., Chris Waller and Michelle ...

Follow live coverage and the latest news from Federal Reserve Chairman Jerome Powell. He'll speak to both chambers of ...

The Conference Board said Tuesday that its consumer confidence index slid to 93 in June, down 5.4 points from 98.4 last month ...

Federal Reserve Chair Jerome Powell is standing by his wait-and-see message on interest rates despite Trump's pressure and ...

Powell said in prepared remarks for testimony before Congress that the threat of higher inflation from Trump’s tariffs made it necessary to hold rates steady.

Two Fed members earlier this week appeared to break with Powell, suggesting a rate cut would be appropriate as soon as the ...