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

Kevin Warsh, Kevin Hassett and Scott Bessent are among those under consideration as Trump evaluates their commitment to ...

Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...

The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...

President Donald Trump said he has three or four people in mind to succeed Federal Reserve Chair Jerome Powell when his term ...

The Fed remains in a holding pattern, keeping rates unchanged as inflation risks from tariffs and economic uncertainty ...

Federal Reserve Chair Jerome Powell made clear this week that he’s not ready to give in to demands by President Donald Trump ...

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 ...

Trump is urging the Fed to cut rates to save the U.S. government money on its interest payments affixed to the vast national ...

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