Federal Reserve Chair Jerome Powell is giving remarks Wednesday afternoon after the nation’s central bank cut interest rates for the second time this year. The committee responsible for setting ...

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. Watch ...

One of the reasons stocks are jumping on Friday is comments from New York Fed President John Williams and Fed Governor ...

Powell is widely expected to cut interest rates after months of intense pressure from President Donald Trump. Despite this, his long-running resistance has earned him the lasting ire of the president, ...

What should the Fed do to fight high inflation while preventing the job market from collapsing? Ask its 12 leaders and you'll ...

The president’s long-standing complaints against the Federal Reserve chair he appointed in his first term seemed to hit new ...

Federal Reserve Chair Jerome Powell is set to speak with reporters after the central bank is expected to cut interest rates for a second meeting in a row. The quarter-percentage-point cut would come ...

Federal Reserve Governor Christopher Waller said in a Fox Business interview that he backs a rate cut in December. He also ...

The Fed cut interest rates again because of a big drop-off in hiring and the rising risk of higher unemployment, Fed chief Jerome Powell confirmed. "Job gains have slowed significantly since earlier ...

The all-important bond market was rearing up on Wednesday as Federal Reserve Chair Jerome Powell cast doubts about additional rate cuts this year. The 10-year Treasury yields was always going to be a ...

Federal Reserve Chair Jerome Powell has said there is no 'risk-free path' for the central bank. (Al Drago/Bloomberg News) The Federal Reserve’s widely expected quarter-point rate cut on Wednesday is ...

Federal Reserve Chairman Jerome Powell is announcing the bank's decision on whether or not to cut interest rates. He is set to give his announcement at 2 p.m. Powell is widely expected to cut interest ...