The Fed chair told lawmakers that the central bank could afford to be patient amid uncertainty about how President Trump’s ...

Rep. Mike Lawler, R-N.Y., asked if the Fed’s in a position to cut rates in July, to which Powell responded, “If it turns out ...

Powell informed Congress that the Fed will maintain its unchanged key fed funds rate until it gains a better understanding of ...

Powell will testify before the House Financial Services Committee and Senate Banking Committee, along with other Fed ...

Jerome Powell, Chairman of the United States (US) Federal Reserve (Fed), will deliver the Semi-Annual Monetary Policy Report and testify before the US House Financial Services Committee on Tuesday.

Federal Reserve Chair Jerome Powell said tariff-driven price rises are expected to materialize over the summer, in Tuesday's testimony before the House Financial Services Committee. On Wednesday, he i ...

Federal Reserve Chair Jerome Powell indicated to Congress that potential tariff-driven inflation this summer will influence ...

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...

The central bank signals little urgency to cut interest rates despite demands from President Trump for lower borrowing costs.

President Trump ramped up his criticism of Federal Reserve Chair Jerome Powell and suggested appointing himself to the ...

Powell particularly said he would not open the door to a rate cut at the Fed's July meeting, as two of his colleagues ...

The central bank is waiting for clearer economic data amid uncertainty over President Donald Trump’s trade war and other ...