The US Federal Reserve has trimmed its benchmark lending rate by 25 basis points, with only one dissenting vote.

By Michael S. Derby (Reuters) -Federal Reserve Chair Jerome Powell on Wednesday explained why the three missions Congress ...

"We don't set mortgage rates." That was Federal Reserve Chair Jerome Powell, speaking during an afternoon press conference ...

"You've got a low firing, low hiring environment" in the economy right now. When asked if it's AI, Powell shrugged: "there ...

Wednesday following the monetary policy meeting, stated that labor demand has declined, inflation has risen, and c ...

There was no widespread support for a larger, half-percentage-point interest rate cut at the Federal Reserve meeting this ...

Actor Clifton Powell is speaking out about what he calls Spike Lee’s poor business practices and alleged mistreatment of ...

(Reuters) -Federal Reserve Chairman Jerome Powell said Wednesday the U.S. central bank is undergoing a notable reduction in the ranks of those who work for the institution. The Fed leader, speaking in ...

Powell and Cruise have been close since working together in the 2022 “Top Gun” sequel. In April, Powell said at CinemaCon ...

Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown ...

The decision comes at an extraordinary moment for the Fed. President Donald Trump, who has demanded drastic rate reductions ...

Jerome Powell, the head of the US central bank, has given a rocket boost to expectations that there will be an interest rate cut in September, a move President Trump has been demanding for months.