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 (Fed) chair Jerome Powell had plenty of opportunities to tell lawmakers definitively the central bank will ...

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

A majority of my committee has said that they do expect to cut rates between now and the end of the year,” Federal Reserve ...

US President Donald Trump escalated his attacks on Federal Reserve Chair Jerome Powell, calling him “terrible” and revealing ...