Federal Reserve Chair Jerome Powell says the US has made progress toward 2% inflation but isn't quite there yet during a House Financial Services Committee hearing.

Rep. David Scott, a Democrat from Georgia, criticized the Trump administration’s proposed tariffs, asking about their impact ...

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

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 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 ...

The cost of groceries, a major pain point for most households, is expected to have risen last month, driven higher by another jump in egg prices.

With little in the way of economic data in Europe to stir markets, investors are looking stateside for their cues. Economists expect the consumer price index data due at 1330 GMT to show that U.S.

Asian equities rose while London and Frankfurt hit fresh highs Wednesday as traders took in their stride a warning from ...

Tariff hikes could give Fed officials reason to drag their feet on rate cuts even if first-quarter inflation readings don't punch them in the nose again. "It probably biases them to just be a little ...

Seventh grade students in Katya Fitzpatrick’s class at St. Jerome Regional School learned about personal narratives ... as this little piece of Heaven on Earth. I feel like my life is filled with so ...

Britain's benchmark index, the FTSE 100, reached a record high as investors reacted positively to strong corporate updates ...

The Federal Reserve has autonomy, of course, and as its current chairperson Jerome Powell mentioned in a recent media interface, the White House cannot fire him under the law before his term ends ...