In 2020, the Fed said it would be willing to let inflation run hotter than target for a while until the long-run inflation ...

"'Too Late' Jerome Powell, of the Fed, will be in Congress today in order to explain, among other things, why he is refusing to lower the Rate," Trump wrote in a social media post. "Europe has had ...

The Fed’s dual mandate from Congress is to pursue stable prices and maximum employment. Recently, a terrible July jobs report ...

Federal Reserve Chairman Jerome Powell is set to face questions from lawmakers about inflation, the possibility of recession, and much more this week as he makes required semiannual appearances ...

Powell is scheduled to appear before the Senate on Tuesday and the House of Representatives on Wednesday to deliver the Fed's twice-yearly report to Congress. The Federal Reserve submitted a ...

Federal Reserve Chairman Jerome Powell said Wednesday that Congress should extend enhanced unemployment insurance “in some form” after a $600 increase to current benefit levels expires on July ...

Federal Reserve Chairman Jerome Powell was on Capitol Hill Tuesday for the first part of his two-day semiannual monetary policy testimony before Congress. After Powell delivered remarks about ...

The investigation into cost overruns on a renovation of Fed headquarters is drawing concern that it's a pretext to eventually fire the central bank chief.

business | Banking Powell tells Congress that Fed still in no rush to lower rates The central bank left rates unchanged in January amid inflationary pressure. By Bloomberg Wire Feb. 11, 2025 | ...

Federal Reserve Chairman Jerome Powell warned senators Tuesday that the U.S. economy still needs support from Congress and the central bank in the coronavirus recession fight despite a recent ...