“Inflation has come way down, the economy is still strong here, wages are moving up but at a sustainable level,” Jerome H.

Paramo said criticism from political leaders can undermine central bank efforts to tame inflation even if they stop short of ...

Economists expect Wednesday’s report will show inflation edged up at a 2.6 percent annual rate in October, compared with a ...

Donald Trump won in large part because of voters' frustration with the economy. But when he enters office, he will inherit an ...

The US Federal Reserve and its chair, Jerome Powell, are rightly choosing not to act on any assumptions about what Donald ...

On Thursday, just days after Donald Trump was elected President, Federal Reserve Chair Jerome Powell announced interest rate cuts by a quarter of a percentage point – to a range of 4.5% to 4.75%.

China stocks slump on fresh stimulus announcement, Airbnb and Expedia see higher travel demand, and more news to start your ...

FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis points, after the 50-basis point cut at ...

The Federal Reserve lowered interest rates Thursday by a quarter of a percentage point as inflation continues to cool, but a cloudy economic outlook after Donald Trump was elected again could make the ...

The Committee seeks to achieve maximum employment and inflation at the rate of two-percent over the longer run. The Committee judges that the risks to achieving its employment and inflation goals are ...

Federal Reserve Chair Jerome Powell had a clear, direct response when asked during a press conference Thursday if he would ...