Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump’s tariffs effect the economy, ...

Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.

Federal Reserve Chair Jerome Powell said the central bank would have likely already moved to lower borrowing costs if it weren't for worries that tariffs would drive up inflation.

Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the ...

If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...

President Trump is laying the groundwork to replace Federal Reserve Chair Jerome Powell as soon as he can. With less than a ...

Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for ...

Federal Reserve Chair Jerome Powell on July 1 told a global audience of world bankers, economists, and academics what could ...

The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S. Treasury Secretary Scott Bessent told CNBC on Thursday, adding that officials ...

Retailer Watches of Switzerland warned on Thursday that its profit margin could fall this financial year as the luxury watch ...

WASHINGTON — Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March ...