Despite mounting pressure from President Donald Trump, Federal Reserve Chair Jerome Powell has maintained that it’s prudent ...

Federal Reserve Board Chairman Jerome Powell stated over the past few months that interest rates should not be lowered, as ...

If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...

The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...

The odds of a rate cut at the Federal Reserve’s next meeting evaporated after a resilient jobs report for the month of June ...

Federal Reserve Chair Jerome Powell is facing growing political pressure over the central bank’s $2.5 billion renovation of ...

The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S.

Treasury Secretary Scott Bessent questioned Federal Reserve policymakers’ judgment on interest rates, reiterating his view ...

Unexpectedly solid job gains in June bolstered the case for the Federal Reserve to keep interest rates on hold to keep ...

The headline numbers for June masked some weaknesses as the U.S. economy contends with fallout from President Donald Trump's ...

This comes shortly after FHFA Director Bill Pulte called for Congress to investigate Federal Reserve Chair Jerome Powell for ...

A dose of reality dragged those expectations back down to earth on Thursday when payroll data showed the US economy added 147,000 jobs in June and the unemployment rate ticked down to 4.1 per cent.