Federal Reserve officials are trying to assess how tariff increases will reshape the outlook for the U.S. economy and ...

Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.

Apollo, for one, expects just one rate cut in 2025. JPMorgan strategists forecast two. Goldman Sachs last week updated its ...

Federal Reserve Chair Jerome Powell told lawmakers the central bank is in no rush to lower interest rates as officials wait for more clarity on the economic impact of President Donald Trump’s tariffs.

Powell’s remarks before the House Financial Services Committee come on the heels of the Fed’s decision last week to leave interest rates unchanged in a range of 4.25%-4.5% ...

Jerome H. Powell, whose term does not expire until May, has argued that the central bank can afford to be patient about ...

The US central bank chair said that data will soon show the impact of inflation, and decisions will be based on that.

Trump has badgered Powell for not cutting rates. The Fed Chair says it's the president's own fault.

On Monday, stocks slipped across the board after Trump announced a sweeping new round of tariffs on imports from South Korea, Japan, Malaysia, Kazakhstan, South Africa, Laos and Myanmar. According to ...

Federal Reserve (Fed) chair Jerome Powell had plenty of opportunities to tell lawmakers definitively the central bank will cut interest rates soon. He didn't take any of them.

Meanwhile, Powell described the overall economy and labor market as solid. He said inflation had eased significantly from highs reached in mid-2022, but was somewhat elevated above the Fed’s 2% ...

The Fed’s decision to stand pat, though widely expected, will likely draw a rebuke from Trump, who earlier Wednesday called ...