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

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

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

Federal Reserve Chair Jerome Powell, under continued attack from President Trump, says the impact of tariffs on inflation ...

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 ...

Higher tariffs could begin raising inflation this summer, a period that will be key to Federal Reserve consideration of ...

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