Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial Services panel on the following day. Companies across the country are bleeding ...

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

Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...

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, ...

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

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

But first a bit of background: The numbers in Friday’s jobs report most likely will change in the months (and years) to come. That’s just the nature of data collection, statistics and research: ...

The Federal Reserve kept interest rates steady at 4.25% to 4.5%, despite US president Trump's call for deeper cuts. Trump has ...

As the Federal Reserve's overnight reverse repurchase agreement program nears zero, pressure could mount on the central bank ...

Fed Chair Jerome Powell pointed to solid economic growth, a stable job market, and inflation that's easing but still a little ...

Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded ...