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

"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 ...

We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...

Jerome H. Powell indicated the Federal Reserve will begin to cut interest rates in September, but stopped short of stating how large that move might be. Jerome H. Powell made it clear that the ...

The Federal Reserve cut its key interest rate by 0.5 percent, or 50 basis points, on Tuesday, thrusting it into the center of ...

Asian markets forged higher on Thursday after the Federal Reserve kicked off its efforts to prevent a recession in the U.S.

The latest news and live updates on the 2024 election as former President Donald Trump rallies in New York and Vice President ...

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

Jerome Powell is set to take plenty of partisan fire this week if he, as expected, sends a signal that the fight against inflation is nearing an end with an interest rate cut — the first one in ...

The two-day meeting, which will conclude tomorrow will also see US Fed chief Jerome Powell addressing media during the crucial press conference. From investors to policymakers, all eyes will be on ...

“You may not be crazy,” Furman replied. Fed Chair Jerome Powell is adamant that the central bank’s interest rate decisions will never be based on politics, only on the economic outloo ...