America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the Consumer ...

Federal Reserve Chair Jerome Powell will appear before Congress this week. He will assess the Fed's battle against inflation and possibly face scrutiny about the central bank's decision-making process ...

A White House spokesman defended DOGE and its mission in a statement. “Slashing waste, fraud, and abuse, and becoming better ...

Fed Chairman Jerome Powell will probably try to avoid any commentary on Trump’s proposals when he appears before the Senate Banking Committee on Tuesday and then the House Financial Services ...

The hearing before the Senate Banking Committee was relatively quiet absent a few back-and-forths on the economic effects of Donald Trump’s tariffs. The Latest The Federal Reserve chairman heads ...

Fed Chair Jerome Powell, who offers his semiannual testimony to lawmakers on Tuesday and Wednesday, will likely highlight the resilient economy as a key reason central bankers are in no rush to ...

House Financial Services Committee Ranking Member Rep. Maxine Waters, a Democrat from California, urged Federal Reserve Chair ...

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 ...

In a largely positive speech at Jackson Hole, Wyoming, Powell said that the economy is growing at a "solid pace".

The shifting expectations come as Chair Jerome Powell heads to Capitol Hill for two days of testimony this week, beginning Tuesday, before House and Senate committees that oversee the central bank ...

Legendary Sky Sports presenter Nick Powell has released an emotional statement after announcing that he will be retiring from live broadcasting. The 65-year-old has spent 43 years in the business ...