Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that officials will be patient before lowering borrowing costs further. “With ...

It is likely to hold rates steady until it sees more progress on lowering inflation as it awaits more details on Trump plans.

Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...

The United States Federal Reserve System could be warming up to bitcoin and cryptocurrencies amid a new wave of adoption sweeping the country. Donald Trump is slowly fulfilling his promises to make ...

Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...

WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell begins two days of hearings on Capitol Hill on Tuesday with the ...

WASHINGTON (Reuters) -The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that ...

Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...

Pressure from Republicans is already resulting in changes at the Fed. Vice Chair of Supervision Michael Barr said last month he would step down from his position as the Fed’s top banking cop, paving ...

The Fed chair is in for some "hyper-charged" meetings, with legislators likely to raise questions on tariff threats and apparent steps to comply with anti-DEI orders.

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

In the 2025 stress-test scenario, the US unemployment rate would rise almost 5.9 percentage points to 10%. That hike would come with severe market volatility, widening corporate bond spreads, a 33% ...