Federal Reserve Chair Jerome Powell on Tuesday explained the reason why interest rates were not lowered was because of the ...

The Fed chair tells lawmakers that the central bank can afford to be patient amid uncertainty about how President Trump’s ...

Federal Reserve Chair Jerome Powell intends to tell House lawmakers Tuesday that the central bank is 'well positioned to wait' on any interest rate adjustments until it has more clarity on how Trump ...

Chair Jerome Powell is facing two days of what could be tough grilling on Capitol Hill, as President Trump has repeatedly ...

The Federal Reserve need not cut interest rates with companies planning to raise prices later this year in response to higher ...

In his semi-annual testimony to Congress, Powell was repeatedly pressed by Republicans to explain why the Fed isn't cutting rates now. They pointed to a relatively low rate of U.S. inflation and noted ...

WASHINGTON (AP) — The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly ...

Federal Reserve Chair Jerome Powell is in no hurry to lower interest rates despite calls from President Trump and looming ...

Federal Reserve Chair Jerome Powell told Congress the central bank can afford to wait and see how President Donald Trump's tariffs affect the economy before deciding whether or not to cut borrowing ...

“It may well be the case that policy remains on hold for quite some time before the committee initiates very modest cuts to ...

Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.

Several top Fed officials have voiced support for cutting interest rates in the week after the central bank's latest policy ...