The president wants to get rid of the Fed chair—if the markets will let him. We all have to hope he won’t gamble on that.

Powell demonstrated a moderately hawkish stance, signaling no rate cuts before September. Learn more about the market outlook here.

Yesterday’s meeting, which saw two dissenting votes from the hold decision, was preceded by further demands from Trump ...

The Federal Reserve left its benchmark interest rate unchanged Wednesday, but a rate cut is possible in September. President ...

The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.

Even though the Federal Reserve Chairman said the labor market was very strong and the economy is in relatively good shape, it would not lower interest rates for now.

Mr Powell sees a relatively low unemployment rate and above-target inflation; the dissenters note that households are ...

Jerome Powell’s authority at the Federal Reserve keeps chipping at the edges.

On Wednesday, Trump seized on a report showing the economy expanded at a 3% annual rate in the second quarter as evidence ...

Fears of the greenback’s demise earlier this year over US President Donald Trump’s chaotic tariffs have since faded.

The Fed kept rates steady, as most economists had expected, but struck a more hawkish tone, causing a mid-afternoon stock sell-off.

The dollar flirted with a two-month peak on Thursday after Federal Reserve Chair Jerome Powell stuck to his patient approach ...