The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...

WASHINGTON—Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of ...

During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.

U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...

Stocks moved lower Friday, putting major indexes on pace to post weekly losses as the election-fueled rally that stocks to a ...

Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...

Jerome Powell's comment that the Fed won't be quick to make rate cuts raised mortgage rates to an even higher level on Friday, eclipsing 7%.

Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to ...

The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...

But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of ...

Faced with another monthly round of stubborn inflation and uncertainty about fiscal, tariff and immigration policy ahead, the ...

In a speech on Thursday, Powell pointed to ongoing economic growth, a solid job market, and inflation above the Fed's 2% ...