Meanwhile, economists polled by the Wall Street Journal expect January's annual headline CPI inflation rate and the narrower year-over-year core rate to land at 2.8% and 3.1%, respectively, down ...

President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.

Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's ...

Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.

Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial ...

House Financial Services Committee Ranking Member Rep. Maxine Waters, a Democrat from California, urged Federal Reserve Chair ...

Jerome Powell is punting more than the Kansas City Chiefs did in the Super Bowl as he dodges questions from lawmakers, said David Russell, global head of market strategy at TradeStation. Powell is ...

Key Takeaways Federal Reserve Chair Jerome Powell said the Fed will never launch a Central Bank Digital Currency while he is ...

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 Consumer ...

President Trump said that interest rates should come down earlier Wednesday. Officials have said they are in no rush to cut ...

Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid ...

Federal Reserve Chair Jerome Powell took questions from lawmakers on Capitol Hill and was grilled about Elon Musk's ...