Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...

The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...

President Donald Trump said he has three or four people in mind to succeed Federal Reserve Chair Jerome Powell when his term ...

Kevin Warsh, Kevin Hassett and Scott Bessent are among those under consideration as Trump evaluates their commitment to ...

C-suite leaders have plenty to worry about, with economic uncertainty high on the list—and Federal Reserve Chair Jerome ...

Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.

Follow live coverage and the latest news from Federal Reserve Chairman Jerome Powell. He'll speak to both chambers of ...

Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...

Powell said the Fed’s Eccles building, constructed between 1935 and 1937, “really needed a serious renovation,” saying that among the building’s issues, “it was not really safe and it was ...

Federal Reserve Chair Jerome Powell has raised concerns over the impact of President Donald Trump’s proposed tariffs on the U ...