In his remarks Tuesday, the central bank leader asserted that the Fed is “well positioned to wait” on interest rate policy.

Federal Reserve Chair Jerome Powell will give his semiannual testimony before the Senate Banking Committee on Wednesday ...

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

US stocks edged higher on Wednesday following an all-time closing high for the Nasdaq 100 Index as Wall Street readied for a ...

Federal Reserve Chair Jerome Powell is back on Capitol Hill for his second day of testimony. This time he's in front of the Senate Committee on Banking, Housing, and Urban Affairs. Powell said Tuesday ...

Live Updates Live Coverage Updates appear automatically as they are published. Rate Cut Horizon 9:48 am by Gerelyn Terzo While Fed Chairman Jerome Powell has been avoiding interest rate cuts at all ...

Financial markets catch a breath following two big days bolstered by hopes that the Israel-Iran war will not disrupt the ...

Federal Reserve Chairman Jerome Powell will testify before the Senate Banking Committee at 10 a.m. Wednesday for his second ...

US stocks are up Wednesday with the S&P 500 is less than 1% from its record high. Fed chair Powell will testify to Congress for a second day.

The market was buoyed by signs of de-escalation in West Asia, following a tense 12-day conflict between Israel and Iran. A ...

NEW YORK] Wall Street’s S&P 500 and Nasdaq indexes rose on Wednesday (Jun 25), hovering near a record peak, as a ceasefire ...

European shares turned lower and crude oil held not far from multi-week lows on Wednesday, as investors assessed whether a ceasefire between Israel and Iran would hold even as immediate worries about ...