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 ...

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

President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has ...

Treasury today trades with a yield of 3.80%, while the fed funds rate is still stuck at 4.375%, which suggests the Fed/FOMC ...

Federal Reserve Chair Jerome Powell is back on Capitol Hill for his second day of testimony. This time he's in front of the Senate Committee on Banking, Housing, and Urban Affairs. Powell said Tuesday ...

Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs.

In his remarks Tuesday, the central bank leader asserted that the Fed is “well positioned to wait” on interest rate policy.