Powell told lawmakers the Fed must assess Trump’s tariffs' effects before more rate cuts and ensure temporary price hikes don ...

Federal Reserve Chair Jerome Powell on Wednesday defended the central bank’s reluctance to cut interest rates amid questions from Senate Republicans and a barrage of insults from President Trump.

Sen. Elizabeth Warren urged caution on a move to reduce banks’ enhanced supplementary leverage ratio. The Fed chief appeared ...

The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more persistent inflation is large enough for the central bank to be careful in ...

Federal Reserve Chair Jerome Powell will give his semiannual testimony before the Senate Banking Committee on Wednesday ...

President Donald Trump on Wednesday criticized Chairman Jerome Powell for keeping interest rates too high, calling the central bank chief an "average mentally person." ...

The inventory of unsold homes on the market increased to 507,000 units, the highest level since late 2007, from 500,000 in ...

Treasury today trades with a yield of 3.80%, while the fed funds rate is still stuck at 4.375%, which suggests the Fed/FOMC ...

U.S. President Donald Trump, still fuming over the Federal Reserve's refusal to cut interest rates, said Wednesday he has a ...

Tennessee's maximum effective formula interest rate is adjusted to 11.50% following changes in the prime loan rate.

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.

Federal Reserve Chairman Jerome Powell said Wednesday that the central bank's power to pay interest on cash that banks park ...