Federal Reserve Chairman Jerome Powell reiterates the Fed’s commitment to lowering inflation. The Federal Reserve Open Market ...

However, Powell indicated there remains "a long way left to go to lower inflation and that the road ahead is 'likely to be ...

January data shows that inflation as gauged by personal consumption expenditures ... Even so, we have more work to do," he said, adding that the road there could be "bumpy." Powell speaks Tuesday ...

Because the Federal Reserve believes recent troubles in the banking system are likely to mean tighter credit conditions for households and businesses, it no longer anticipates “ongoing rate increases ...

The Fed would likely welcome slower growth, which would help cool inflation. But few economists are sure what the effects would be of a pullback in bank lending.

"We expect 2023 to be a year of significant decline in inflation," Powell said in February. "This process is likely to take ...

The Federal Reserve announced another 25 basis point interest rate increase, bringing the federal funds rate to a targeted ...

Global markets were rattled again by two new problems, injecting a new dose of fear into an already on-edge banking sector.

Inflation isn't going away and the Fed isn't stopping raising rates. The hikes influence many interest rates people pay when ...

Traders are accustomed to a bumpy ride whenever Jerome Powell speaks. But when Jerome Powell speaks at the same time Janet ...

Having raised interest rates at the fastest pace on record to tame inflation, the world's top central banks are openly ...

U.S. stocks reversed earlier losses to close in positive territory on Friday as markets cap off a bumpy week following the ...