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

ANCHOR: FEDERAL RESERVE CHAIRMAN JEROME POWELL SAYS HE WILL NOT STEP DOWN ONCE PRESIDENT-ELECT DONALD TRUMP TAKES OFFICE…NOR ...

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, ...

Federal Reserve Chairman Jerome Powell stated he would not resign if President-elect Donald Trump requested his resignation, saying it's not permitted by the law. He asserted that the president lacks ...

The Fed chair dodged question after question at his news conference Thursday about his thoughts on President-elect Donald ...

Federal Reserve Chairman Jerome Powell was asked if he would resign if President-elect Trump were to ask and he said "no." ...

Trump's re-election has revived debate on whether he can remove Fed Chair Powell. Powell refused to resign and asserted Fed's independence.

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 ...

Federal Reserve Chair Jerome Powell says he won't step down from his position if President-elect Donald Trump asks him to do ...

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

Powell was nominated by Trump in 2017 to succeed now-Treasure Secretary Janet Yellen. President Joe Biden chose to put him ...