Powell told lawmakers the Fed must assess Trump’s tariffs' effects before more rate cuts and ensure temporary price hikes don ...

Federal Reserve Chair Jerome Powell on Wednesday defended the central bank’s reluctance to cut interest rates amid questions from Senate Republicans and a barrage of insults from President Trump.

Sen. Elizabeth Warren urged caution on a move to reduce banks’ enhanced supplementary leverage ratio. The Fed chief appeared ...

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

ABC News’ Alexis Christoforous reports on the second day of testimony from Federal Reserve Chair Jerome Powell, and the likelihood of a cut in interest rates.

President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has “low IQ” and suggested that he has narrowed down the ...

President Donald Trump on Wednesday criticized Chairman Jerome Powell for keeping interest rates too high, calling the central bank chief an "average mentally person." ...

US President Donald Trump said Wednesday he had a handful of candidates potentially lined up to replace Federal Reserve Chair Jerome Powell, whom he sharply criticised for his handling of ...

Colorado Rep. Brittany Pettersen (D) questioned Federal Reserve Chair Jerome Powell on interest rates and the economy. Powell ...

The dollar exhibited mixed performance as markets absorbed a ceasefire between Israel and Iran. Analysts noted the influence ...

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 ...

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.