The House Financial Services Committee will hold a hearing Wednesday morning on “The Federal Reserve’s Semi-Annual Monetary Policy Report.” ...

Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to ...

Federal Reserve Chair Jerome Powell says the US has made progress toward 2% inflation but isn't quite there yet during a House Financial Services Committee hearing.

Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its ...

Wednesday’s 52-48 vote fell along mostly party lines, with Senator Mitch McConnell of Kentucky the only Republican to join ...

Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...

A group of 191 House and Senate Democrats sent a letter to Russell Vought, the newly installed director of the Office of ...

Federal Reserve Chair Jerome Powell said Wednesday’s inflation report offers the latest reminder that the central bank has made “great progress” towards bringing inflation closer to its goal but, ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

House Financial Services Committee Ranking Member Rep. Maxine Waters, a Democrat from California, urged Federal Reserve Chair ...

Four years after blasting United States fiscal and monetary policymakers for excessive stimulus that risked the biggest inflation blowout in a generation, former Treasury Secretary Lawrence Summers ...

Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...