Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.
Treasury secretary nominee Scott Bessent told Senate lawmakers Thursday that the Federal Reserve should remain independent, ...
The past quarter’s economic data showed that the inflation battle is not over; whether the Fed eases now depends on the data, ...
Every year the Federal Reserve conducts a stress test on about 30 U.S. banks to evaluate their ability to withstand economic ...
Trump hasn’t even been sworn into office yet and he’s already locking horns with Fed chair Jerome Powell on interest rates.
When it comes to the US economy, the spotlight is on whom the president-elect might try to dismiss rather than whom he plans ...
The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.” ...
Senate confirmation hearing, President-elect Donald Trump’s Treasury Secretary nominee, Scott Bessent, dismissed the idea of ...
President-elect Donald Trump’s advisers are considering how they will reshape the leadership of the Federal Reserve including ...
Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up ...