If the president had gotten his way, inflation would surely be rocketing again, the economy would be overheating and the Fed ...

Officials at the central bank have splintered over whether rising unemployment or elevated inflation poses the bigger ...

The divergence of opinion on the future of monetary policy is likely to only grow in 2026 as Fed Chairman Jerome Powell ...

Jerome Powell spent much of the past two years accused of being behind the curve, either too slow to fight inflation or too ...

After cutting interest rates in December, the Fed struck a relatively hawkish tone. It kept the door open to cutting rates in ...

In addition, deportations may be impacting the numbers and leading to lower job growth, but in a way that might present lower economic risk. That said, unemployment continues to move up, now to 4.6% ...

He claimed that Powell’s renovation of Fed headquarters near the National Mall is over-budget by roughly $1.5 billion.

Sen. Elizabeth Warren criticized Federal Reserve Chair Jerome Powell for delaying interest-rate cuts and said on X that the time is now.

Federal Reserve Chairman Jerome Powell warned that housing market struggles will persist despite rate cuts, citing low inventory and affordability challenges for buyers.

WASHINGTON — A policy divide within the central bank and a lack of federal government data may put another interest rate cut out of reach this year, Federal Reserve Chair Jerome Powell said on ...

Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead backed keeping ...