The Wall Street veteran once held hawkish views on interest rates but has recently signaled a stance more in line with the president’s public demands.

The new Federal Reserve chair will step in as the world’s most powerful central bank faces scrutiny over interest rates and rising prices affecting Americans.

Treasury Secretary Scott Bessent said it was a mistake for Jerome Powell to attend arguments in a case on Fed independence. But Mr. Bessent attended a tariff case.

Add Yahoo as a preferred source to see more of our stories on Google. President Trump congratulates Jerome Powell in 2017 after announcing him as his nominee for chairman of the Federal Reserve. (Alex Brandon / Associated Press) To the editor: Federal ...

Twelve central bankers, including Australia's Reserve Bank governor Michele Bullock, have signed a letter in support of Mr Powell, who is set to face a criminal investigation in the US.

Central bankers from across the world say they “stand in full solidarity with the Federal Reserve System and its Chair Jerome H. Powell”

Federal Reserve Chair Jerome Powell is under a criminal investigation for testimony on renovation funds used for federal reserve buildings. US President Donald Trump has denied all involvement and sai

The Justice Department has served grand jury subpoenas to the Federal Reserve, escalating a high-stakes battle over institutional independence.

President Donald Trump has long disliked Federal Reserve Board Chair Jerome H. Powell. Now, the Justice Department has launched a criminal inquiry into Powell. We look at his probe and what it could mean for trust in America’s central bank. President ...

Federal Reserve Chair Jerome Powell refused to answer three straight questions about politics during his press conference Wednesday. That’s typical for the just-the-facts persona he’s constructed for himself over the years.