Higher tariffs could begin raising inflation this summer, a period that will be key to Federal Reserve (Fed) consideration of ...

ABC News’ Alexis Christoforous reports on the second day of testimony from Federal Reserve Chair Jerome Powell, and the likelihood of a cut in interest rates.

Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...

Federal Reserve Chair Jerome Powell typically avoids weighing in on fiscal policy. But on Wednesday morning, he made one ...

Against that backdrop, Tlaib pressed Powell to explain the Fed’s rationale for monetary policy that keeps interest rates high. She asked, don’t high rates keep a lid on new construction, which leads ...

Donald Trump furiously pushed back Wednesday against reports that his surprise strike on three of Iran’s nuclear facilities ...

Fed Chair Jerome Powell testifies before the The Senate Banking, Housing, and Urban Affairs Committee on “The Semiannual ...

President Trump told reporters that he is actively considering replacements for Federal Reserve Chairman Jerome Powell, and ...

The dollar exhibited mixed performance as markets absorbed a ceasefire between Israel and Iran. Analysts noted the influence ...

U.S. Federal Reserve Chair Jerome Powell resumes two days of Congressional testimony on Wednesday when he appears before the ...

Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs.

The S&P 500 edged higher on Wednesday, gaining 0.2% as it approached its all-time highs, buoyed by easing geopolitical ...