The hearing before the Senate Banking Committee was relatively quiet absent a few back-and-forths on the economic effects of ...

In his semiannual testimony before the Senate Banking Committee Tuesday, Federal Reserve Chair Jerome Powell said the effective shuttering of the Consumer Financial Protection Bureau leaves no federal ...

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

Federal Reserve Chair Jerome Powell told lawmakers on Tuesday the argument for free trade still makes sense but added that it was not the role of the central bank to comment on tariff or trade policy ...

After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...

The major U.S. stock indexes opened lower on Tuesday, pulling back from Monday's gains. A handful of key events may have investors thinking about inflation and how that will factor into future ...

Federal Reserve Chair Jerome Powell said the central bank will not launch its own digital currency while he is in charge of the central bank.

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

By Colby Smith Listen to our interview with Jerome Powell. By Andrew Ross SorkinEvan RobertsDan PowellKelly PiekloZachary Mouton and Sarah Kessler Rates may not come down as much or as quickly ...

US Federal Reserve chief Jerome Powell (pictured) mounted a robust defence of the central bank's independent decision making.