Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce ...

Federal Reserve Chair Jerome Powell will tell lawmakers Tuesday that the central bank is in no rush to lower interest rates, ...

Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices." ...

The Fed chair's position is increasingly at odds with that of the president, who has repeatedly pressed him to lower borrowing costs.

The Fed has a duty to prevent a one-time spike in prices from becoming an "ongoing inflation problem," Powell said ...

President Donald Trump wants interest rate cuts. Federal Reserve Chair Jerome Powell says that cannot happen yet. Those two ...

In stock markets abroad, indexes rallied more than 1% everywhere from France to Germany to Japan following the announcement ...

The UK's FTSE 100 opened higher on Tuesday after US president Donald Trump announced a ceasefire between Israel and Iran, ...