Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...

A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...

Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...

Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...

January’s jobs report may shape Fed rate cut bets. Will slowing payroll growth and revisions spark a policy shift? Traders eye key labor data Friday.

Powell made clear that Fed policymakers are in no rush to reduce interest rates further, after lowering borrowing costs by a ...

US Treasury Secretary Scott Bessent says he had a constructive first meeting with Federal Reserve Chair Jerome Powell.

Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.