Jerome Powell is digging in his heels, and he’s not about to let anyone, not even Donald Trump, tell him how to run the ...

The Federal Reserve lowered interest rates Thursday by a quarter of a percentage point as inflation continues to cool, but a cloudy economic outlook after Donald Trump was elected again could make the ...

Federal Reserve Chairman Jerome Powell told reporters Thursday he would not step down from his appointed position if Donald ...

The Federal Reserve lowered interest rates Thursday by a quarter of a percentage point as inflation continues to cool, but a ...

The Committee seeks to achieve maximum employment and inflation at the rate of two-percent over the longer run. The Committee judges that the risks to achieving its employment and inflation goals are ...

JPMorgan Chase fell 4.3%, a day after banks decisively led the market on expectations that a stronger economy and lighter ...

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up ...

Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in ...

Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a quarter percentage point, following a half-point cut in September, and the outlook for inflation ...

The rate cut signals that Fed officials are paying more attention to warnings in the economy, including the slowing job ...

WASHINGTON -- Below is the statement the Federal Reserve released Thursday after its latest policy meeting ended: Recent ...

Asked about whether the Federal Reserve is considering a pause in rate cuts in December, Chair Jerome Powell said officials ...