Federal Reserve Chair Jerome Powell told lawmakers today he’s committed to fixing the crypto debanking disaster, while reiterating that he isn’t cutting ...

Economists expect one rate cut in July as unemployment drops and new federal policies take effect. Fewer cuts could keep ...

The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.

Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.

The Fed chair is expected to deliver a simple message to lawmakers: Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.

Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would end the Fed’s independence, though Powell has vowed to serve out his term, ...