Jerome Powell

The Fed's preferred inflation measure for November, the PCE index, came in below Wall Street estimates. However, it remains above where policymakers want it to be suggesting prices are still stubbornly high.

The Federal Reserve's policymakers announced that they will cut the benchmark federal funds rate by a quarter point in December, marking the central bank's third straight cut.

The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising despite inflation ticking higher in November.

President-elect Trump said in an interview that he won't try to fire Federal Reserve Chair Jerome Powell despite his past criticism of Powell and the leadership of the central bank.

Chicago Federal Reserve President Austan Goolsbee said the neutral rate is "well below" where it is right now, and policymakers can cut further so long as the economy does not overheat.

Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for interest rates and will respond to economic data as it comes in.

Federal Reserve Chair Jerome Powell said he wouldn't step down if President-elect Trump calls for his resignation and that the president can't remove or demote Fed governors.

The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.

The Federal Reserve will announce its next interest rate move on Thursday in the wake of the U.S. election, with markets expecting the central bank to cut rates by 25 basis points.

The Federal Reserve delivered a gift to investors with a jumbo rate cut and the promise of more to come. But will rates return to the record lows we saw during the pandemic?

Investors celebrated the Federal Reserve's super-sized interest rate cut and what is likely the start of a longtime coming easing cycle that should lower borrowing costs for consumers and businesses.

Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 basis points, saying she would have preferred a smaller cut.

Federal Reserve Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to the rise in the unemployment rate as they enter the labor market.

Federal Reserve Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the health of the labor market ahead of their rate cut decision.

The Federal Reserve cut interest rates for the first time in four years, announcing a 50 basis point cut and policymakers forecasting additional cuts amid progress in slowing inflation.

The Federal Reserve announced the first interest rate cut in four years at its September policy meeting amid progress in slowing down the pace of inflation toward its 2% goal.

Interest rate cuts are top of mind for markets as the Federal Reserve's two-day September policy meeting begins Tuesday after Fed Chair Jerome Powell recently signaled cuts are coming.

Federal Reserve Bank of Richmond President Thomas Barkin warned that U.S. businesses' "low-hiring, low-firing" approach may not last as the central bank eyes interest rate cuts.

New research from economists finds that the Federal Reserve's actions in raising interest rates in response to surging inflation did more than rhetoric to move markets' expectations.

Federal Reserve Chair Jerome Powell signaled during a speech Friday at the Kansas City Fed's symposium in Jackson Hole, Wyoming, that interest rate cuts are on the way.