The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.

The pivot from rate hikes in 2022 and 2023 to rate cuts was widely forecast, and a big reason behind the S&P 500's epic 24% ...

Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...

The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...

U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...

By stubbornly refusing to lower interest rates despite ample data urging him to do so, Fed Chairman Jerome Powell is ...

JPMorgan Chase faces headwinds from declining net interest income due to lower rates and increased external borrowing. Learn ...

Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

Several economists expect the Federal Reserve could play wait-and-see for a while longer. Some expect the Fed to next cut ...

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

The central bank chief said he believes the Fed board would have decided to lower rates further until Trump launched his ...