Asked if he would resign if asked, Powell said “no” at the press conference following the Federal Reserve policy meeting ...

Yet, Powell’s defiance ought to provoke us to ask why wealthy, pampered, out-of-touch technocrats like Jerome Powell get to ...

Federal Reserve Chair Jerome Powell said he would not resign from his role if asked to do so by a re-elected Donald Trump, ...

After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...

Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.

The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.

Fed chief Jerome Powell brushed off questions about the impact of the president-elect's plans, saying: 'We don't guess, we ...

Fed chair Powell said rising yields not principally about higher inflation expectations, more about likelihood of stronger growth. Read more here.

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 ...

China stocks slump on fresh stimulus announcement, Airbnb and Expedia see higher travel demand, and more news to start your ...

The Fed chair dodged question after question at his news conference Thursday about his thoughts on President-elect Donald ...

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as its policymakers began taking stock ...