Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to ...

The U.S. central bank has lowered interest rates by 0.75 point since September.

During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.

But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of ...

Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear ...

Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...

Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...

Federal Reserve Chair Jerome Powell highlighted the strength of the U.S. economy in a speech, emphasizing that robust growth ...

The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...

Faced with another monthly round of stubborn inflation and uncertainty about fiscal, tariff and immigration policy ahead, the ...

Stocks turned lower in afternoon trading, and that pressure continued through Friday. The S&P 500 fell as much as 1.6%, and ...

In a speech on Thursday, Powell pointed to ongoing economic growth, a solid job market, and inflation above the Fed's 2% ...