The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...

WASHINGTON—Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of ...

Taking a closer look at the operating segments, AWS (Amazon Web Services), grew 19% year on year, in line with analysts' estimates, while operating margin beat handily. Notably, AWS reached a revenue ...

During his first term as president, Donald Trump considered firing Federal Reserve Chair Jerome Powell. He backed off then.

U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...

Stocks moved lower Friday, putting major indexes on pace to post weekly losses as the election-fueled rally that stocks to a ...

Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...

The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...

"The economy is not sending any signals that we need to be in a hurry to lower rates," he said, calling the US economy's ...

Jerome Powell's comment that the Fed won't be quick to make rate cuts raised mortgage rates to an even higher level on Friday, eclipsing 7%.

Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to ...

Rising interest rates reflect steady economic growth. See why Powell's approach signals resilience and a possible year-end ...