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

This disappointed many Americans, including President Donald Trump, who has been slamming Powell with a vast variety of vile ...

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 ...

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...

Federal Reserve Chairman Jerome Powell said Wednesday that the central bank's power to pay interest on cash that banks park ...

The Fed chair told lawmakers the central bank remains focused on ensuring one-time price hikes from higher tariffs won’t ...

Follow live coverage and the latest news from Federal Reserve Chairman Jerome Powell. He'll speak to both chambers of ...

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

President Donald Trump on Wednesday criticized Federal Reserve Chairman Jerome Powell for keeping interest rates too high, ...