Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase ...

Jerome Powell, the 16th chair of the Federal Reserve, has an estimated net worth of $55 million.

President Donald J. Trump’s new tariffs are “larger than expected,” and the economic fallout including higher inflation and slower growth likely will be as well, Federal Reserve Chair Jerome H. Powell ...

Federal Reserve Chair Jerome H. Powell said April 4 that President Donald Trump’s sweeping tariffs could raise inflation and ...

Arthur Hayes said on Wednesday that Bitcoin could hit $250,000 by the end of 2025 because President Trump’s crypto-loving ...

Experts say tariffs will affect everyday purchases, but as negotiations continue, exact price increases remain unclear.

Klarna, StubHub and Medline have put on hold their initial public offerings. Jaguar Land Rover has paused all car shipments to the United States. Nintendo has delayed taking preorders for its new game ...

Alongside inflation concerns, Powell highlighted the likelihood of slower economic growth as a consequence of increased tariffs. Such an environment can hinder job creation and potentially lead to ...

Powell also discussed the central bank’s decision to slow its balance sheet runoff. Here is a transcript: JEROME H. POWELL: Good afternoon. My colleagues and I remain squarely focused on ...

Late last year, the Federal Reserve was on the cusp of achieving a so-called soft landing — inflation steadily cooling ...