Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

Federal Reserve Chair Jerome Powell on Wednesday pushed back against reports the central bank was spending money excessively ...

Federal Reserve Chairman Jerome Powell said Wednesday that the central bank's power to pay interest on cash that banks park ...

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