Inflation remains stubbornly close to the federal reserve’s benchmark of 2%, the U.S. dollar is weakening, and the impact of ...

The president's campaign against the Federal Reserve and Chairman Jerome Powell could have a direct impact on Americans' ...

2:22 PM ET: Event concludes. 2:20 PM ET: "Our independence is a matter of law," Powell said, adding that the Fed's officials can only be removed for cause. "We're protected under the law ...

We doubt the market will want to chase the dollar too much higher on any good news here. Instead, the market will be far more interested in what the Fed makes of the current economic conditions. Chair ...

Instead, the market will be far more interested in what the Fed makes of the current economic conditions. Chair Powell speaks on the subject at 19:30 CET tonight. If you haven’t seen it already ...

At the Economic Club of Chicago, Federal Reserve Chairman Jerome Powell offered a strong defence of the Fed's independence, at a time when questions around central bank autonomy are being raised ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Republicans on the House Financial Services ...

In five years’ time, they are bracing for inflation to stay stuck above 4 percent. The Fed’s goal is 2 percent inflation. There are reasons to take this data with a grain of salt. For one ...

In an interview with the Financial Times, Boston Fed President Susan Collins said the central bank “would absolutely be prepared” to backstop markets if needed. Source: Walter Bloomberg While ...

JPMorgan has significantly lowered its GDP forecast, while investors are pricing in multiple rate cuts this year. However, Fed Chairman Jerome Powell signals patience, balancing inflation concerns ...

The markets and President Trump are piling more pressure on the Federal Reserve to consider a near-term interest rate cut as the tariff market sell-off deepens. Traders boosted their bets on the ...