“Many paths are possible,” Powell said. If inflation eases more than expected or if labor data weakens, the Fed could cut interest rates sooner, he added. But the opposite situation would cause the ...

Right off the bat, Federal Reserve Chairman Jerome Powell was asked whether an interest-rate cut in July is on the table at a hearing before Congress. Two other Fed Govs., Chris Waller and Michelle ...

The war in the Middle East and Trump’s tariffs continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce ...

A Shropshire MP has challenged the Government over whether it would support the United States if it wished to launch further ...

Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.

The Fed chair's position is increasingly at odds with that of the president, who has repeatedly pressed him to lower borrowing costs.

The Fed has a duty to prevent a one-time spike in prices from becoming an "ongoing inflation problem," Powell said ...

Israel continued its strikes in Tehran on Monday, bombing Evin Prison, where the Islamic Republic detains many political ...

Truckers who learned English as a second language are concerned they may lose their jobs if they make a mistake or speak with ...

The stock market surged today after Trump declared a Middle East ceasefire and Fed Chair Powell signaled patience on rate ...