Federal Reserve Chair Jerome Powell said Tuesday the central bank doesn’t “need to be in a hurry” to resume its interest rate cutting campaign, noting officials reduced the rate ...

Federal Reserve Chair Jerome Powell was expected to be grilled by U.S. lawmakers Tuesday about when the central bank will resume its interest rate cutting campaign after pausing last month amid ...

Despite the surge, December housing starts were down 4.4% from a year ago. Also Wednesday, the Federal Reserve releases minutes from its most recent policy meeting. At that meeting in late January ...

Federal Reserve Chair Jerome Powell offered some new assurances Tuesday about payments routed to the central bank from the Treasury Department, his first comments about the fallout resulting from ...

The Marriner Eccles Building, headquarters of the Federal Reserve Board, fronts Constitution Avenue in Washington, D.C., and is a relatively short walk from the West Wing of the White House ...

America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the ...

Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is hit the pause button on additional rate cuts at its Jan. 29 meeting.

Today, President Trump informed a crowd at Davos that he would mandate the Federal Reserve to lower interest rates—a move that many in the media quickly framed as “setting up a clash with the ...

U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as unflappable Federal Reserve chief Jerome Powell sat for a second day ...

WASHINGTON — President Donald Trump's administration began a mass firing of federal workers Thursday. Office of Personnel Management officials met with agency leaders and advised them to dismiss ...

The US Federal Reserve will unveil its first monetary policy decision for 2025 on today, January 29. This will be the US central bank's first policy verdict after Donald Trump took charge as the ...

Moving forward, the Federal Reserve's stance on interest rates is also a key focal point, as the Fed's rate decisions can have a big impact on where gold prices head. So, with the first Fed ...