Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

Jerome Powell, Chairman of the United States (US) Federal Reserve (Fed), will deliver the Semi-Annual Monetary Policy Report and testify before the US House Financial Services Committee on Tuesday.

It comes just a few days after a widely-anticipated but unsurprising monetary policy decision: the Fed kept its key rates ...

ANALYSIS: President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

ING Group expects the US Federal Reserve to cut interest rates only in December as the central bank may wait for further ...

President Donald Trump took to Truth Social early Tuesday to launch into Federal Reserve chair Jerome Powell — and urge his allies in Congress to tear into the man.“‘Too Late’ Jerome ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

A lot has happened in the last 24 hours, with US President Donald Trump announcing a ceasefire news between Israel and Iran.

The Federal Reserve chair appears before the House Financial Services Committee for his first of two days of testimony on ...

Federal Reserve Chair Jerome Powell testified in the House Tuesday on the heels of yet another pointed social media post from ...