By stubbornly refusing to lower interest rates despite ample data urging him to do so, Fed Chairman Jerome Powell is ...

Federal Reserve Chair Jerome Powell said Tuesday that the central bank would likely have already cut interest rates this year ...

Colombian-born Senator Bernie Moreno is leading the Republican offensive to force Federal Reserve Chair Jerome Powell to ...

GDP growth have fallen from 2.2% to 1.5% since the start of the year, with the consumer at the heart of the problem.

The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic ...

Recent economic trends point to the possibility that the Federal Reserve will have to grapple with sudden shocks to the supply of goods and commodities in the coming years.

Fed Chair Jerome Powell also nodded to the temporary effects of supply shocks at the central bank's last policy meeting.

Fed Chair Jerome Powell also nodded to the temporary effects of supply shocks at the central bank's last policy meeting.

The Fed chair's position is increasingly at odds with that of the president, who has repeatedly pressed him to lower borrowing costs.

Stocks rose Monday, with oil prices declining, following a restrained response by Iran to U.S. attacks over the weekend.