U.S. stocks have recovered nearly all the losses from April’s lows with the S&P 500 and Nasdaq Composite just shy of new ...

Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

Federal Reserve Chair Jerome Powell will give his semiannual testimony before the Senate Banking Committee on Wednesday ...

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

Interest rates may have fallen this year, if not for the uncertainty and higher costs created by President Donald Trump's ...

Federal Reserve Chair Jerome Powell on Wednesday defended the central bank’s reluctance to cut interest rates amid questions from Senate Republicans and a barrage of insults from President Trump.

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

Federal Reserve Chair Jerome Powell is set to appear before Congress this week for his semiannual update on the economy and ...