For more than 70 years, presidents have tried to sway the Federal Reserve to keep interest rates low. Only Richard M. Nixon succeeded, quietly pressuring the central bank for low rates ...

You can watch his speech above, or read our full coverage here: Powell Steers New Strategy for a World Where Very Low Rates Are No Sure Thing Forthcoming changes to the Federal Reserve’s rate ...

Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak economy.

Thank you for the opportunity to speak to you today.1 In my remarks, I would like to address a key question facing economists, policymakers, and people all over the world: How ... EU's Von Der Leyen: ...

The US dollar plunged to a three-year low on Monday following a fresh wave of criticism from President Donald Trump targeting Federal Reserve Chair Jerome Powell, raising concerns over the central ...

a change adopted so the Fed would not consider a low unemployment rate in itself a sign of inflation risk, Powell said. "At our meeting last week, we had a similar take on average inflation targeting.

Stocks scrambled for direction on Wednesday in a choppy trading session as volatility returned to Wall Street after the Federal Reserve left ... are also from the low-beta category (beta greater ...

The dollar tumbled on Monday to its lowest level in three years as investor confidence in the U.S. economy took another hit over President Donald Trump’s attacks on the Federal Reserve chairman ...

President Trump's attacks on Fed Chairman Powell and trade tensions are fueling market uncertainty, causing the US dollar to plummet and gold prices to surge. US stock markets experienced ...

The Fed's job is to keep inflation and unemployment low. Its primary tool, the federal funds rate, influences borrowing costs for all kinds of loans. The Fed can boost the economy by lowering the ...

A Federal Reserve official says he’s encouraged by Tuesday’s better-than-expected inflation report but, all things equal, needs to see “a lot” more like it before he would seriously ...

Federal Reserve Chair Jerome Powell said the economy may be entering a period of ‘more frequent’ supply shocks. Photo: Jim Watson/AFP/Getty Images Federal Reserve Chair Jerome Powell said the ...