Washington (CNN) — America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...

President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.

A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...

The House Financial Services Committee will hold a hearing Wednesday morning on “The Federal Reserve’s Semi-Annual Monetary Policy Report.” ...

Federal Reserve Chair Jerome Powell refused to testify in Congress on President Trump's remarks about the Fed's ability to ...

Powell said that he has had no contact with Elon Musk, who is leading an effort to cut federal spending called the Department of Government Efficiency, or DOGE. He spoke in response to a question from ...

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 will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy.

Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...

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

Rep. Frank Lucas, a Republican from Oklahoma, asked Powell about the issues that the Fed will be examining during its ...