The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.

Powell's term as a Board of Governors member expires in January 2028. The last former Fed chair to continue serving beyond their term as its leader was Marriner Eccles, who ceased being the Fed's ...

Monetary policy could face crosswinds next year if President-elect Donald Trump fulfills his campaign promises to cut taxes, ...

The U.S. dollar was poised for a big weekly gain on Friday, towering near one-year highs as a hawkish turn from the Federal ...

The Dow Jones Industrial Average (DJIA) closed about half a per cent lower on Thursday as a post-election rally, that began after Donald Trump's win in the 2024 US presidential election last week, ...

Federal Reserve Chair Jerome Powell's remarks came as the latest batch of U.S. economy data released earlier in the day generated some uncertainty about the outlook for interest rates.

Jerome Powell, the chairman of the US Federal Reserve, said the US economy was in good shape. Picture: Getty Images ...

"Bitcoin experienced profit-taking following Fed Chairman Powell’s statement that there is 'no rush to cut rates,' as ...

The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...

Good morning. Jerome Powell isn’t in a hurry to lower US interest rates. Rachel Reeves says that the UK’s crackdown on banks ...