"We're always going into this meeting and asking 'What's the right thing to do for the people we serve?' We do that and we ...

Asian markets forged higher on Thursday after the Federal Reserve kicked off its efforts to prevent a recession in the U.S.

Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...

Would Fed chair Jerome Powell opt for a measured, quarter percentage point change in rates, as he had for the last year? Or ...

We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...

The unusually large half-point rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the ...

Federal Reserve Chair Jerome Powell faces a difficult decision as the central bank prepares to cut interest rates for the ...

The headline rate of US consumer inflation eased more than expected last month, according to government data published Wednesday, bolstering expectations t..

Stocks fell again, with once-highflying tech giants again taking the brunt, after a job market update came in weak, fueling ...

The U.S. labor market is deteriorating, but Federal Reserve Chair Jerome Powell might still have time to save it, with plans to begin cutting interest rates later this month. The government ...

While the recession is not so impending, persistent inflation could lead to a recessionary situation, Jerome Powell, chairman of the board of US Federal Reserve, said during a news conference.