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

For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering ...

The Fed chair told lawmakers the central bank remains focused on ensuring one-time price hikes from higher tariffs won’t ...

President Donald Trump wants interest rate cuts. Federal Reserve Chair Jerome Powell says that cannot happen yet. Those two ...

Federal Reserve Chair Jerome Powell will gave his semiannual testimony Tuesday before the House Financial Services Committee ...

Powell said the Federal Reserve will continue its “wait-and-see” stance as it gauges the impact of Trump’s tariffs on the U.S ...

Fed Chair Jerome Powell testified that the U.S. economy is in a "solid position" with unemployment relatively low and inflation slightly above the central bank's 2% target.

Comments made by Federal Reserve Chair Jerome Powell on Tuesday have solidified the idea that the Federal Reserve will slash interest rates in September, having kept them at between 4.25% and 4.5% for ...