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

Tech led US stocks mostly higher on Wednesday, as the S&P 500 kept a bid for record highs in play amid revived hopes for ...

The Fed chief and other policymakers have pointed to increased economic uncertainty stemming from Trump's tariffs.

US stocks traded steady on Wednesday, as the S&P 500 kept a bid for record highs in play amid revived hopes for interest-rate ...

Unprovoked, because there was no overt act taken by Iran that threatened the U.S. Unauthorized, because only Congress can ...

The S&P 500 edged higher on Wednesday, gaining 0.2% as it approached its all-time highs, buoyed by easing geopolitical ...

The dollar could depreciate further as U.S. economic growth looks set to moderate, JP Morgan analyst Meera Chandan says in the bank’s mid-year outlook. Recent U.S. data have shown signs of softening, ...

Federal Reserve Chair Jerome Powell will give his semiannual testimony before the Senate Banking Committee on Wednesday ...

U.S. Federal Reserve Chair Jerome Powell resumes two days of Congressional testimony on Wednesday when he appears before the ...

In his remarks Tuesday, the central bank leader asserted that the Fed is “well positioned to wait” on interest rate policy.

Federal Reserve Chair Jerome Powell is back Wednesday on Capitol Hill, this time speaking to the Senate banking committee as part of his semiannual monetary policy testimony. In his remarks Tuesday ...