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Federal Reserve Chair Jerome Powell was back on Capitol Hill for his second day of testimony. This time he was in front of ...
Kevin Warsh, Kevin Hassett and Scott Bessent are among those under consideration as Trump evaluates their commitment to ...
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
US stocks finished flat on Wednesday with investors busy digesting ongoing newsflow from the Middle East as well as ongoing uncertainty regarding the Federal Reserve's next policy decision.
Powell said the Fed’s Eccles building, constructed between 1935 and 1937, “really needed a serious renovation,” saying that ...
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
Follow live coverage and the latest news from Federal Reserve Chairman Jerome Powell. He'll speak to both chambers of ...
Federal Reserve officials are having trouble assessing the potential fallout from President Donald Trump’s trade policy ...
During his appearance before the House Financial Service Committee on Tuesday, Powell said the central bank may not cut its interest rate target in July.
Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...
For weeks, investors were ready to brace themselves. Looming in the background were a regional war in the Middle East, a hawkish Federal Reserve, a wobbly U.S. economy, and the threat of a global ...
Oil prices rose over 1% on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong U.S.
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