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

“It’s not an easy job, but it’s one we’ve willingly taken on,” Powell said Tuesday during a House Financial Services ...

FedEx said its newly streamlined air cargo network helped it adjust to tariff-induced demand fluctuations and make a profit ...

Mortgage rates are down and still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.82%, according to ...

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.

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

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 ...

The Federal Reserve plans to cut rates by 0.5% by the end of the year. These growth ETFs should outperform the market when ...

Discover why HOMB's residential loans boost growth and how Fed rate cuts reduce costs. With 7.6% price upside and 2.8% yield, ...

Federal Reserve Chairman Jerome Powell said Wednesday that the central bank's power to pay interest on cash that banks park ...

FedEx and other shipping companies have been navigating through traffic in recent quarters. Fears of a slowing economy and, more recently, uncertainty about tariffs have caused large customers to pull ...

Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.