President Biden on Thursday falsely claimed he had never spoken to Federal Reserve Chairman Jerome Powell as president, despite having a meeting with him at the White House two years ago. Biden, ...

"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we ...

The Federal Reserve announced a rate cut in September 2024. Learn what a Fed rate cut is, why it happens, and how it impacts ...

Asian markets forged higher on Thursday after the Federal Reserve kicked off its efforts to prevent a recession in the U.S.

Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...

Federal Reserve Chair Jerome Powell endorsed an overhaul of the contentious Basel bank capital rules on Wednesday, but said ...

We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...

The unusually large half-point rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the ...

But Fed Chairman Jerome Powell has suggested further cuts are coming, as the Fed tries to keep the increasingly sluggish ...

Federal Reserve Chair Jerome Powell faces a difficult decision as the central bank prepares to cut interest rates for the ...

The headline rate of US consumer inflation eased more than expected last month, according to government data published Wednesday, bolstering expectations t..