Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.

Mehrad Asadi Eidivand was arrested in May by agents outside his home in Phoenix and has been held in an ICE detention ...

Fed Chair Jerome Powell testified that the U.S. economy is in a "solid position" with unemployment relatively low and ...

Federal Reserve Chair Jerome Powell is in no hurry to lower interest rates despite calls from President Trump and looming ...

WASHINGTON (AP) — Donald Trump isn’t the first president to order military strikes without congressional approval. But his ...

Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce ...

Powell said the Fed needs to know what Trump's final tariff policy will be and how it will impact the economy before committing to cutting borrowing costs. If you're waiting for lower borrowing costs ...

The Fed has a duty to prevent a one-time spike in prices from becoming an "ongoing inflation problem," Powell said ...

The war in the Middle East and Trump’s tariffs continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

Right off the bat, Federal Reserve Chairman Jerome Powell was asked whether an interest-rate cut in July is on the table at a hearing before Congress. Two other Fed Govs., Chris Waller and Michelle ...

Federal Reserve Chair Jerome Powell declined to endorse the view that tariffs will lead to only muted price pressures and the Fed shouldn't delay rate cuts much longer, in his testimony Tuesday. His ...