The Fed on Wednesday voted to keep its benchmark interest rate in a range of 4.25% to 4.5%, where it’s kept it on hold since ...

The Fed leader discussed the decision to hold rates steady, the outlook for inflation and the economy, and the possible ...

Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...

Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...

Secretary of the Treasury Scott Bessent returns to Capitol Hill on Wednesday, to testify in the House for a second day. His ...

The Federal Reserve on Wednesday afternoon announced its latest decision on interest rates, leaving the benchmark rate ...

President Trump wants the Federal Reserve to cut interest rates. Here's what experts predict at the central bank's May 7 ...

The Federal Reserve is expected to hold its benchmark rate steady at its May 7 meeting. CBS News financial analyst Jill ...

It seems like Powell is haunted by past mistakes. After being slow to respond in 2021 — when he infamously called inflation “transitory” — he’s almost certainly trying to avoid another overcorrection.

Elizabeth Warren is no fan of Federal Reserve Chair Jerome Powell. She has called him “a dangerous man whose actions make ...

Powell said Fed can wait too see which effect from Trump's tariffs is worse - high inflation or a weak economy. Will it wait too long to cut rates?

Federal Reserve Chairman Jerome Powell has tagged the Trump administration's trade policies as a major holdback for rate cut ...