Ongoing economic growth, a solid job market and inflation that remains above its 2-percent target mean the Federal Reserve (Fed) does not need to rush to lower interest rates, Fed Chairman Jerome ...

A December Fed rate cut is uncertain after Chair Jerome Powell said that interest rates would come down slowly.

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

Powell's hawkish comments are casting a pall on markets as the initial optimism for President-elect Donald Trump's policies starts to wear off. The S&P has already reversed one-third of its ...

Donald Trump’s choice to run the Department of Health and Human Services spooked investors who worry what Kennedy would do.

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 ...

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

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

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

Speaking in Dallas, Powell noted the economy’s resilience, stating there’s “no hurry to lower rates.” The Fed had previously ...

Federal Reserve officials are keeping the market on its toes over its rate-cutting plans. Fed Chair Jerome Powell said the central bank would approach its decision “carefully” at a talk in Dallas on ...

Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...