The Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more Treasuries and act as intermediaries in the $29 trillion market.

Federal Reserve Chair Jerome Powell on Wednesday defended the central bank’s reluctance to cut interest rates amid questions from Senate Republicans and a barrage of insults from President Trump.

Sen. Elizabeth Warren urged caution on a move to reduce banks’ enhanced supplementary leverage ratio. The Fed chief appeared ...

Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...

Federal Reserve Chair Jerome Powell said a proposal to eliminate the interest paid to banks that deposit cash at the central ...

Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs.

In his remarks Tuesday, the central bank leader asserted that the Fed is “well positioned to wait” on interest rate policy.

During 2025, travel companies have been using their federal political action committees to send millions to candidates and ...

U.S. Federal Reserve Chair Jerome Powell begins two days of congressional testimony on Tuesday under fire from President ...

As debate intensifies inside the Federal Reserve, a second top official has publicly called for interest rate cuts as early as next month. Michelle Bowman, the Fed's vice chair for supervision, said ...