Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...

Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...

Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...

January’s jobs report may shape Fed rate cut bets. Will slowing payroll growth and revisions spark a policy shift? Traders eye key labor data Friday.

Federal Reserve Chair Jerome H. Powell faces four challenges at once, all of them daunting.

Centrally-coordinated economic planning, especially central banking, has been detrimental to liberty, freedom, and the ...

US Treasury Secretary Scott Bessent says he had a constructive first meeting with Federal Reserve Chair Jerome Powell.

Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...

The battle for authority between President Trump and Fed Chairman Powell has begun, with Trump pushing for a rate cut and Powell holding steady.