According to Powell, "The real issue with housing is that we have had, and are on track to continue to have, not enough ...

This is not something that the Fed can really fix,” he said after delivering a historic rate cut.

"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we ...

Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...

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

The Fed cut interest rates by half a percentage point yesterday—the first cut in four years and double the 25 basis points ...

Federal Reserve Chair Jerome Powell stressed Wednesday that the central bank will take upcoming interest-rate decisions on a ...

Federal Reserve Chair Jerome Powell said on Wednesday still strong levels of liquidity in the financial system will allow the ...

Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of ...

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 ...