The stock market was sliding as Federal Reserve Chair Jerome Powell began his press conference in the wake of the central bank’s latest rate cut on Wednesday. The Dow Jones Industrial Average ...

U.S. hiring grew at a robust pace in December, far exceeding economists' expectations and demonstrating the health of the ...

Donald Trump says he won’t try to oust Federal Reserve Chair Jerome Powell. Speaking to NBC News in an interview that aired Sunday, the president-elect said he didn’t think the central bank ...

Ahead of Donald Trump taking office, Federal Reserve's top banking regulator has resigned from his role as vice chair of ...

We’ll continue updating news on the Fed’s decision as Fed Chair Jerome Powell will be speaking at a press conference shortly. November (Cut by 25 basis points): +.77% September (Cut by 50 ...

Chair Jerome Powell said Wednesday. Powell, speaking at a news conference after the Fed reduced interest rates by a quarter point, said the central bank was now much closer to the "neutral rate ...

Federal Reserve Chair Jerome Powell began speaking to reporters at 2:30 p.m. Follow along with our live coverage of the Fed meeting below. What Do Today's Decisions and Projections Mean For Your ...

However, Powell’s statements did affect Bitcoin’s rally, which had been bolstered by expectations of a more lenient government stance. Bitcoin was trading at $102,085 after dipping below $ ...

Federal Reserve Chair Jerome Powell speaking in December. REUTERS/Kevin Lamarque · REUTERS / Reuters Last month, Fed policymakers predicted a total of two rate cuts in 2025, down from a previous ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...

Former Fed Vice Chair Randal Quarles dismissed concerns about Fed independence under Trump, citing structural safeguards ...

Fed's Christopher Waller signaled that he supports cutting interest rates, despite high inflation and Trump's tariff concerns ...