Federal Reserve Chairman Jerome Powell is announcing the board’s decision on whether it will cut interest rates. The announcement is slated to begin at 2:30 p.m. TRUMP SAYS HE KNOWS ‘WHO HE’S GOING TO ...

"He's an absolute fool," said Trump, slamming the renovations of the historic Marriner S. Eccles Building that Powell is ...

Federal Reserve Chair Jerome Powell said the three rate cuts this year have put the central bank's benchmark interest rate closer to a "neutral" level, meaning it is neither boosting nor holding back ...

The S&P 500 gained 0.4%, moving closer to its October record, while the Dow climbed 386 points, or 0.8%. The Nasdaq composite posted a modest 0.1% rise. Powell also said the current overshooting of ...

Federal Reserve Chair Jerome Powell said the central bank decided to cut rates at today's meeting because the labor market was cooling and there was no sign of a hot economy that would spur inflation.

Federal Reserve Chair Jerome Powell has begun speaking with reporters after the central bank cut interest rates for a second meeting in a row. The quarter-percentage-point cut comes as the Fed has ...

Federal Reserve Chair Jerome Powell is giving remarks Wednesday afternoon after the nation’s central bank made its final interest rate decision of 2025. The committee responsible for setting borrowing ...

Inflation has overshot the Federal Reserve’s 2% target for years. Policymakers would like to see inflation continue to move ...

WASHINGTON (AP) — The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months. Watch ...

Federal Reserve Chairman Jerome Powell is announcing the board’s decision on whether it will cut interest rates. The announcement is slated to begin at 2:30 p.m. After months of pressure from ...