Central bankers in major advanced economies have settled on 2% inflation as a reasonable target. In 2020, the Fed indicated it would tolerate periods above 2% to compensate for periods below that ...

The minutes from the FOMC meeting released on the 19th (local time) stated, "It was deemed appropriate to keep the target ...

Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept ...

Sens. Rick Scott (R-Fla.) and Elizabeth Warren (D-Mass.) urged the Federal Reserve chair to hammer down on “improper” trade ...

The growing crisis in the insurance industry may make it hard to get a mortgage in parts of the country in the coming decades, Federal Reserve Chairman Jerome Powell said on Tuesday.

NEW YORK: Wall Street’s main indexes were muted ... consumer prices and hawkish comments from Federal Reserve Chair Jerome Powell added to market volatility this week, with uncertainty likely ...

Wall Street is betting that the Federal Reserve ... and Federal Reserve Chair Jerome Powell told a congressional hearing Tuesday that he was in no rush to adjust its interest rate-cut policy.

WASHINGTON — America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions ...

Federal Reserve Chair Jerome Powell’s battle against inflation has reached a new juncture. © 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site ...

Recently, both Scott Bessent and Jerome Powell reportedly discussed DOGE’s access to Treasury payment systems. On February 7, Treasury Secretary Scott Bessent stated in an interview that DOGE ...

The President calls for easier money even though consumer prices keep rising. Does he want even higher prices?

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.