“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.

During his appearance before the House Financial Service Committee on Tuesday, Powell said the central bank may not cut its interest rate target in July.

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 ...

Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.

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 ...

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 ...

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 ...