Powell's term ends in May 2026, and Trump is expected to nominate a successor in the coming months. Krishna Guha, a vice chair at Evercore ISI, said the Supreme Court's opinion was encouraging but ...

The Federal Open Market Committee offered no policy surprises Wednesday, but it did offer a new note of caution in its economic forecasts: President Trump’s tariffs are producing a mild ...

There are a lot of unknowns about the outlook for the economy and interest rates, but Federal Reserve Chair Jerome Powell signaled at least one thing seems certain: Higher prices are coming.

“The data we get right now, we can do our jobs. I'm not concerned that we can't do our jobs," Powell said at a press conference following the latest gathering of the central bank's interest-rate ...

President Trump claimed he would do a “much better job” running the Federal Reserve than “stupid” Jerome Powell – as policymakers once again failed to cut interest rates on Wednesday.

Fed decision live: Powell cites Trump tariff impacts as rates held steady By Vanessa Balintec, Mark Porter and Heather Timmons ...

But Powell underscored that the Fed does expect Trump’s sweeping tariffs to push up prices by the end of this year and the central bank wants to hold off on any moves until the impact of the ...

The Federal Reserve held interest rates steady again Wednesday as officials continue to wait for the fallout of President Donald Trump’s sweeping policy changes and tensions in the Middle East.

He bemoaned the fact that rates remain elevated even as price spikes have cooled. “I’m nasty. I’m nice. Nothing works,” Trump told reporters of his demeanor toward Powell.

If she were alive, Texan Barbara Jordan would heartily endorse the celebration of Juneteenth, the federal holiday signed into law by President Joe Biden in 2021. The congresswoman has faded into hi… ...

Fed Chairman Jerome Powell brushed off the latest salvo from President Trump, who verbally attacked the central-bank chief early Wednesday for not cutting interest rates. " ...