Federal Reserve Chair Jerome Powell held a news conference to discuss interest rates and monetary policy actions.

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

President Biden says he has "never once spoken to the chairman of the Fed since I became president," despite a May 2022 ...

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

After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and ...

For many Americans, elevated home prices have put homeownership out of reach. They received some relief on Wednesday when the ...

Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is ...

If you’re having millions of people come into the labor force, then — and you’re creating 100,000 jobs — you’re going to see ...

American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal ...

Powell, however, said the policy decision announced by the Fed on Wednesday does not mean it is behind the curve; rather, he ...