Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...

A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

That may be true, but once there is no excess liquidity sloshing around the system, liquidity drained by QT will have to come ...

After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...

The Federal Reserve's latest Monetary Policy Report describes the U.S. economy as being in a solid position amid a monetary policy stance that will be driven by incoming economic data.

January’s jobs report may shape Fed rate cut bets. Will slowing payroll growth and revisions spark a policy shift? Traders eye key labor data Friday.

Powell made clear that Fed policymakers are in no rush to reduce interest rates further, after lowering borrowing costs by a ...

Fed Chair Jerome Powell said “we do not need to be in a hurry to adjust our policy stance” and monetary policy is “well ...

WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a ...