Jerome H. Powell took office as a member of the Board of Governors of the Federal Reserve System on May 25, 2012, to fill an ...

Economists expect the bank to continue a trend that started in 2024 when it initiated its interest rate cuts. It has slashed ...

Despite all the tumult in the markets, the underlying data—which comes in with a lag—suggests the economy is still faring ...

The Federal Reserve has likely come across your radar at some point. Often referred to as simply "the Fed," this central ...

The Fed is aiming to reduce the annual rate of inflation to 2% a year, but it uses a different price gauge known as the PCE to determine whether to raise or lower interest rates. The PCE report is ...

Wall Street bounced between small gains and losses in meek trading as markets await the latest data from the retail sector ...

Hyperbole aside, last month’s inflation rate was lower than economists expected. But some analysts believe the relatively strong report could be the final calm before the storm, as American firms ...

Asian shares are mostly higher as a cautious sense of relief spreads through regional markets after the U.S. and China agreed ...

Most U.S. stocks rose Tuesday following an encouraging report that showed inflation unexpectedly slowed across the country last month. The S&P 500 climbed 0.7%, coming off an even bigger gain to start ...

Inflation eased to a four-year low in April as the nascent impact of President Donald Trump ’s sweeping tariffs were offset by their cost-dampening effects in a slowing economy.

On Wall Street, Coinbase Global jumped 19.2% after the cryptocurrency exchange learned its stock will join the widely ...