Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...

President Donald Trump reiterated his anger with Jerome Powell though he did not name any potential successors or a timeline ...

Powell told lawmakers the Fed must assess Trump’s tariffs' effects before more rate cuts and ensure temporary price hikes don ...

Federal Reserve Chair Jerome Powell on Wednesday defended the central bank’s reluctance to cut interest rates amid questions from Senate Republicans and a barrage of insults from President Trump.

During Wednesday’s Senate Banking Committee, Sen. Bernie Moreno (R-OH) questioned Federal Reserve Chair Jerome Powell about interest rates.

Sen. Elizabeth Warren urged caution on a move to reduce banks’ enhanced supplementary leverage ratio. The Fed chief appeared ...

The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more persistent inflation is large enough for the central bank to be careful in ...

Federal Reserve Chair Jerome Powell will give his semiannual testimony before the Senate Banking Committee on Wednesday ...