Fed Chair Jerome Powell downplayed the central bank’s role in the race between Vice President Kamala Harris and former President Donald Trump.

President Biden says he has "never once spoken to the chairman of the Fed since I became president," despite a May 2022 ...

In a move many are calling "surprising," the Federal Reserve cut interest rates on Wednesday by a half percentage point, leading to a major impact on the cannabis sector.

"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we ...

Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...

The US Federal Reserve's independence from politics "has been good for the public," Fed Chair Jerome Powell told reporters Wednesday, adding that he hopes and believes that this arrangement will ...

The Federal Reserve this afternoon announced a cut in interest rates of one-half percentage point, higher than the previously ...

While lower interest rates will ultimately help with everything from credit card charges to buying a house, analysts warn that it may take months for these benefits to seep down to consumers.

Jerome H. Powell, the Fed chair, said that the central bank would take future interest rate cuts “meeting by meeting” after lowering rates by a half percentage point, an unusually large move.

We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...

WASHINGTON DC - The U.S. Federal Reserve has taken the bold step of reducing official interest rates by half of one percent.