President Trump on Wednesday told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve ...

As a result, the long standing abhorrence to a central bank, advocated as early as Thomas Jefferson’s administration and by ...

The bank reported a second-quarter profit of $4.02 billion, or $1.96 a share, compared with $3.22 billion, or $1.52 a share, in the year-ago period. Analysts polled by FactSet expected $1.61 per share ...

The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had expected inflation to hold steady. The decision by Bank Indonesia to cut rates ...

While Tuesday's focus was on the tariff-related inflation hit to Treasuries, it's been a rough week for government bonds ...

House deals a blow to “Crypto Week,” ASML warns on 2026 growth, a promising Chinese weight-loss drug, and more news to start your day.

President Trump’s fight against Federal Reserve Chair Jerome Powell has taken on a new dimension, with an overhaul of the ...

WASHINGTON (AP) - Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump's ...

Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump’s tariffs effect the ...

As Trump ramps up attacks on the Federal Reserve, Chair Powell refuses to change course Powell repeated his view Tuesday that U.S. inflation is likely to pick up later this summer, though he ...