Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

The Federal Reserve is unwilling to lower interest rates because "there will be some inflation from tariffs coming," Jerome ...

Federal Reserve (Fed) chair Jerome Powell had plenty of opportunities to tell lawmakers definitively the central bank will ...

NEW YORK (Reuters) -Federal Reserve Chair Jerome Powell on Wednesday pushed back against reports the central bank was ...

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