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 ...

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

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

Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak ...

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

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 ...

Critics of President Donald Trump’s trade agenda have warned that his introduction of punishing new tariffs will cause prices ...

Home prices across the country are still rising at a faster clip than overall inflation, causing sticker shock for house ...

On Friday, average wholesale prices for large, white shell eggs reached $8 a dozen, beating the previous record by a large ...

WASHINGTON (AP) — US applications for jobless benefits rise to 219,000 last week, though labor market remains healthy. Kohl's, Orbis and SpartanNash are among the companies that laid off more than 300 ...