The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.

Copyright 2024 The Associated Press. All Rights Reserved. Federal Reserve Board Chairman Jerome Powell speaks during a news ...

Federal Reserve Chair Jerome Powell said recent signs of economic health would allow the central bank to take its time in ...

Liberal economist Larry Summers warned that inflation is still not fixed and that a Trump administration could make things even worse.

The 10-year Treasury yield sits just shy of 4.5%, near its highest level since the start of July, having trundled north in recent weeks, first on mostly better-than-expected U.S. economic data, and ...

Federal Reserve Chair Jerome Powell will headline a busy week of central-bank officials’ public remarks on Thursday.

The Consumer Price Index rose 2.6% versus a year ago in October — falling in line with expectations, the Labor Department ...

Elon Musk, a key Trump backer who is expected to have considerable sway in helping shape Trump's policies, included a "100" ...

Investors prepare for potential fireworks as Trump vs. Powell sequel may unfold at Fed's final 2024 meeting. Will Trump's 2nd ...

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.

President-elect Donald Trump has won Arizona and its 11 electoral votes, CBS News projects, giving him a sweep of all seven ...

Bitcoin (BTC) cracked $77,000 and set another new all-time high on Friday, one day after the U.S. Federal Reserve opted to ...