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Powell said it was "not for me to say" whether Trump's visit was tied to his demands that the Fed cut interest rates.
Trump's former commerce secretary, Wilbur Ross, tells Fortune that President Trump has given the Fed an unwinnable dilemma.
Inflation has fallen sharply and as a result Fed officials have signaled they will cut rates by as much as a half-percentage ...
From ‘modestly restrictive’ policy stance to tariff-related price push in the economy — Here are 5 key highlights from the US ...
President Donald Trump said he didn’t want to make things personal as he stood next to Federal Reserve Chairman Jerome Powell last week.
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...
Jerome Powell’s authority at the Federal Reserve keeps chipping at the edges.
The Federal Reserve announced on Wednesday that it would continue to leave interest rates unchanged. The central bank’s ...
The overarching message that investors took from Powell's press conference after the Fed left its Fed Funds target range at 4.25-4.50% was this: The central bank is in no rush to cut rates, despite ...
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.