But officials will be watching reports like this one as they decide what to do. “Really the question is — is December,” ...

Fed chairman Jerome Powell addressed these concerns in a press conference following its first rate-cut announcement in ...

Wednesday’s report shows inflation edged up at a 2.6 percent annual rate in October, compared with a 2.4 percent gain in the ...

The Consumer Price Index rose 2.6 percent in the year through October, a sign that inflation remains stubborn. The report ...

Trump takes office next year, Reuters reported. Fed Chair Jerome H. Powell said the results of the presidential election, which paved the way for a US chief executive who has pledged widespread ...

President-elect Donald Trump's return to the White House already carried the potential for sweeping changes to the Federal ...

Donald Trump won in large part because of voters' frustration with the economy. But when he enters office, he will inherit an ...

Inflation continues to come down, but it will take six to 12 months for average Americans to feel the effects.

Jerome Powell took office as chairman of the Board ... and as undersecretary of the Treasury under President George H.W. Bush. He also worked as a lawyer and investment banker in New York City.

Paramo said criticism from political leaders can undermine central bank efforts to tame inflation even if they stop short of ...

Federal Reserve Chairman Jerome Powell made it clear to the press that if Donald Trump fired him, he wouldn't leave. While ...

Chair Jerome Powell said officials will also "patiently" consider bringing rates down further to a "neutral" setting that ...