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Powell’s comments, made in testimony, indicate that the central bank is taking seriously the possibility of labor market disruptions.

Federal Reserve Chair Jerome Powell is set to appear before Congress this week for his semiannual update on the economy and ...

U.S. Federal Reserve Chair Jerome Powell echoed recent sentiments to a congressional panel following the central bank's ...

Federal Reserve Chair Jerome Powell is in no hurry to lower interest rates despite multiple calls from President Trump to ...

For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering ...

The number of millionaires in the U.S. is growing, but those who are already wealthy are still seeing the fastest gains.

The 12 Reserve Banks work independently with oversight from the Board of Governors in Washington, DC. The Reserve Banks are the operating arms of the Federal Reserve System and function within their ...

More chairman of the Federal Reserve Jerome Powell during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Current Federal Reserve chair Janet Yellen's term ...

US Federal Reserve Board Chairman Jerome Powell pauses during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, DC, on May 7, 2025 ...

Federal Reserve Chairman Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting, Wednesday, May 7, 2025, at the Federal Reserve in Washington.

WASHINGTON (AP) — A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending ...