“It’s not an easy job, but it’s one we’ve willingly taken on,” Powell said Tuesday during a House Financial Services ...

Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs.

In his remarks Tuesday, the central bank leader asserted that the Fed is “well positioned to wait” on interest rate policy.

Federal Reserve Chair Jerome Powell will give his semiannual testimony before the Senate Banking Committee on Wednesday ...

Below are Chair Jerome Powell's prepared remarks to the House Committee on Financial Services. He's expected to deliver ...

Crypto prices rose on Wednesday, riding the same relief wave that lifted global equities after Iran and Israel accepted a U.S.-brokered ceasefire. With the threat of an immediate oil supply crunch ...

World shares are mixed as a fragile ceasefire between Israel and Iran appears to be holding. Investors have shifted their ...

S&P 500 E-Mini futures (ESU25) are trending up +0.01% this morning as investors shift their focus to fundamentals, with ...

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 ...

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

Asian shares have logged modest gains after U.S. stocks climbed to near their all-time high. Investors were considering ...

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