Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to ...

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

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

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 ...

Federal Reserve Chair Jerome Powell heads to Capitol Hill for two days of testimony this week before House and Senate committees that oversee the central bank and the financial industry. Fed chairs ...

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 ...

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 ...

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 ...