The decision to hold off on rate cuts earned Powell the ire of President Donald Trump. Since retaking office, Trump often ...

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

In stock markets abroad, indexes rallied more than 1% everywhere from France to Germany to Japan following the announcement ...

Federal Reserve Chair Jerome Powell visited Capitol Hill on Tuesday to testify before Congress amid intensifying criticism ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

The Fed chair told lawmakers the central bank remains focused on ensuring one-time price hikes from higher tariffs won’t ...

The dollar fell on Tuesday and the euro rose to its highest level since October 2021 after a ceasefire between Iran and ...

US stocks climbed sharply Tuesday — with the S&P 500 and Nasdaq nearing record highs Soaring share prices came as oil prices ...

The Conference Board said Tuesday that its consumer confidence index slid to 93 in June, down 5.4 points from 98.4 last month ...

Federal Reserve Chair Jerome Powell is standing by his wait-and-see message on interest rates despite Trump's pressure and ...