A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

House Financial Services Committee Chair Rep. French Hill, a Republican from Arkansas, began Wednesday’s hearing by ...

Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...

Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.

Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid ...

Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...

Fed Chair Jerome Powell said in his post-meeting news conference that an unexpectedly weakening labor market or inflation slowing “more quickly than anticipated” would put rate cuts back on ...

The Federal Reserve has declined to lower its benchmark interest rate after making three previous consecutive cuts. With inflation lingering, Fed watchers expect policymakers will take a slower ...

In a news conference Wednesday, Fed Chair Jerome Powell largely deflected questions about recent comments from President Trump, including one from last week, when Trump said he would lower oil ...

But that’s below its long-run average of around 20. Federal Reserve Chair Jerome Powell will host a press conference on Wednesday afternoon at 2:30 p.m. Eastern time on the Fed’s decision on ...