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.

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 ...

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

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

President Donald Trump said he has three or four people in mind to succeed Federal Reserve Chair Jerome Powell when his term ...

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 ...