He has previously said that he would like to have a say in interest-rate decisions, challenging the politically independent ...

The Federal Reserve trimmed interest rates by a quarter point, bringing the target rate range to 4.5% to 4.75%. Fed Chair ...

The Federal Reserve cut its benchmark interest rate by a quarter of a percentage point Thursday, as expected, to the ...

Jerome Powell, Chair of the Federal Reserve Board made the announcement on Thursday, Nov. 7. With inflation cooling several weeks ago, the benchmark interest rate, known as the federal funds rate, ...

President-elect Donald Trump is expected to retain Federal Reserve chair Jerome Powell until his term expires in May of 2026.

After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...

One school of thought held that, against this backdrop, Powell would seek to anchor the long end of the curve by talking ...

Following the 2024 presidential election results, President Biden has invited President-elect Donald Trump to discuss the ...

Treasuries inched higher, adding to gains clocked Thursday. The 10-year yield edged down two basis points to 4.31%, taking ...

China stocks slump on fresh stimulus announcement, Airbnb and Expedia see higher travel demand, and more news to start your ...

After a five-day meeting, the Standing Committee of the National People's Congress on Friday approved the issuance of 6 trillion Chinese yuan worth of local government special-purpose bonds, ...