The Federal Reserve wields vast power over the US economy, cutting rates to spur borrowing and growth, or raising them to ...

A key US inflation gauge probably ticked higher last month, underscoring the challenge Federal Reserve Chair Jerome Powell ...

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown ...

The central bank retired a previous strategy and on Friday unveiled a new approach that updates how inflation and employment ...

Federal Reserve Bank of Chicago President Austan Goolsbee said while some recent inflation readings have come in better than ...

President Donald Trump just fired a top policymaker at the Federal Reserve, but it wasn’t Chair Jerome Powell. That itself shows the president has conceded there’s a limit to his attacks on the ...

Inflation has crept higher in recent months though it is down from a peak of 9.1% three years ago. Tariffs have not spurred ...

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market ...

Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a ...

Last week, Cook emphasised she wouldn't leave her post after the US president called for her resignation on social media, ...