The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.

Investors riding high on the postelection rally and are now dragged down to earth by interest rate concerns, their landing ...

Powell's term as a Board of Governors member expires in January 2028. The last former Fed chair to continue serving beyond their term as its leader was Marriner Eccles, who ceased being the Fed's ...

Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...

The U.S. dollar was poised for a big weekly gain on Friday, towering near one-year highs as a hawkish turn from the Federal ...

The Dow Jones Industrial Average (DJIA) closed about half a per cent lower on Thursday as a post-election rally, that began after Donald Trump's win in the 2024 US presidential election last week, ...

Federal Reserve Chair Jerome Powell's remarks came as the latest batch of U.S. economy data released earlier in the day generated some uncertainty about the outlook for interest rates.

The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...

Asian stocks were mostly higher on Friday after U.S. stocks slipped as the market’s big rally following Trump's election victory cooled further.