The current stance of policy is "well positioned' to respond in a timely manner if the central bank needs to act, Federal Reserve Chair Jerome Powell said at his post-decision press conference on ...

The Fed also forecasted two quarter-point interest-rate cuts over the remainder of 2025, carrying over a prediction issued in March. Two additional quarter-point cuts will be made in 2026, as well as ...

The U.S. central bank would likely have begun cutting interest rates again if not for the levy plan, the Fed chief said.

Jerome Powell’s cautious rate policy sparks fierce criticism and succession talks, putting his Fed Chair tenure under ...

President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair Jerome ...

The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation ...

During his post-FOMC press conference, Fed Chair Jerome Powell said the two matters would be finalized separately, rather than concurrently. "We are open to new ideas and critical feedback and we will ...

Federal Reserve Chairman Jerome Powell is set to speak at a European Central Bank forum on Tuesday. The panel, which is ...

Amid a battle with the president, who has been pressuring the Fed to cut interest rates, Powell said they had to re-evaluate their plans for interest rates once inflation forecasts went up after April ...

The close split at the U.S. Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came through on Friday in the first public comments from ...