The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it has been, Federal Reserve Chair Jerome Powell said Wednesday.

Inflation is projected to fall to 2.1 percent next year. Federal Reserve Chair Jerome Powell pushed back Wednesday against assertions that the Fed’s larger interest rate cuts signaled the bank ...

Federal Reserve Chair Jerome Powell is expected to announce the first interest rate cuts by the central bank in more than a year on Wednesday afternoon. The Federal Open Market Committee (FOMC ...

Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of the US economy as risks to the labor market mount, marking an end to ...

After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and has made significant progress over the past two years.

Thanks for joining us. Here are five key takeaways from Wednesday’s Federal Open Market Committee rate decision and Federal Reserve Chair Jerome Powell’s press conference: ...

Jerome Powell is unlikely to weigh in on those baseless charges of Haitian immigrant pet eating this week as the Federal Reserve gathers in Washington. Yet this dark turn in the 2024 campaign ...

Watch Jerome Powell’s remarks in the player above. The central bank’s action lowered its key rate to roughly 4.8 percent, down from a two-decade high of 5.3 percent, where it had stood for 14 ...

Now, they’re trying to keep it that way. Fed Chair Jerome Powell used his Wednesday afternoon press conference to explain the reasoning behind policymakers' decision to cut the central bank’s ...

Octavio Peralta is founder and volunteer CEO of the Philippine Council of Associations and Association Executives (PCAAE), the “association of associations.” The PCAAE and SustainablePH will ...

Stocks gave up gains to close lower following Chairman Jerome Powell's press conference. All three of the major averages fell less than one percent with the Dow Jones Industrial Average and the S ...

Federal Reserve chair Jerome Powell wouldn't declare total victory. "We're not saying mission accomplished," he said. "We're encouraged by the progress we have made." It's a remarkable result for ...