Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.

Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on ...

The aggregate boost to inflation from tariffs is likely to be small and from tax cuts smaller still (especially if they are offset with spending cuts). The problem is that Trump has inherited ...

Even though market-based U.S. inflation expectations over two years hit their highest since shortly after the Ukraine ...

A group of 191 House and Senate Democrats sent a letter to Russell Vought, the newly installed director of the Office of ...

A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...

President Trump said that interest rates should come down earlier Wednesday. Officials have said they are in no rush to cut ...

Federal Reserve Chair Jerome Powell says policymakers thought inflation was transitory in 2021 and that's why they didn't ...

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions. “People can be confident that ...

President Trump has announced that he would implement tariffs of 25 percent on all steel and aluminum imports to the U.S.

Federal Reserve Chair Jerome Powell delivered a simple message to Congress to start two days of testimony on Tuesday: Because the economy is doing well, the Fed can take its time to decide when and wh ...

Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial ...