Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.

Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid ...

Federal Reserve Chair Jerome Powell heads to Capitol Hill for two days of testimony this week before House and Senate committees that oversee the central bank and the financial industry. Fed chairs ...

In early UK corporate news, housebuilder Barratt Redrow said it expects annual profit to land at the top end of consensus. Merchant bank Close Brothers revealed a GBP165 million provision set aside in ...

Federal Reserve chairman Jerome Powell told a Senate committee that he and his colleagues are in no hurry to cut borrowing costs, so long as the job market is holding up and prices continue to climb.

In a hearing with the loaded title "A Golden Age of Digital Assets," the sector was — for the first time — mostly treated as ...

Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...

Federal Reserve Chair Jerome Powell reiterated that he doesn’t believe the president of the United States has the authority ...

Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.

Statement by Jerome H. Powell, Chair, Board of Governors of the Federal Reserve System before the Committee on Banking, ...

The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...