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

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

The timing is awkward for Australian bond markets, which have rallied on expectations of domestic rate cuts following softer ...

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

The U.S. Federal Reserve is bracing for potential Iranian cyberattacks following recent military actions, with Chair Jerome ...

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

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

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 ...

“It’s not an easy job, but it’s one we’ve willingly taken on,” Powell said Tuesday during a House Financial Services ...

Asian shares have logged modest gains after U.S. stocks climbed to near their all-time high as investors considered comments ...