Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...

Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in expectations since late 2024.

Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives and the public that they may be waiting longer than they had thought for ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...

A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...

On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, according to economists surveyed by FactSet. If accurate, it would be ...

Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...

Wall Street held relatively firm after President Trump’s latest tariff escalation and after the Federal Reserve hinted ...

I’d be really worried about doing business with a giant bank when there is no cop on the beat,” U.S. Sen. Elizabeth Warren said.

Federal Reserve Chairman Jerome H. Powell treaded carefully Tuesday around questions about President Donald Trump’s new trade ...

With less restrictive monetary policy and a continued strong economy, the Federal Reserve will not rush to further reduce ...

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...