Jerome Powell

Investors celebrated the Federal Reserve's super-sized interest rate cut and what is likely the start of a longtime coming easing cycle that should lower borrowing costs for consumers and businesses.

Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 basis points, saying she would have preferred a smaller cut.

Federal Reserve Chair Jerome Powell said at a press conference that the influx of migrants into the U.S. has contributed to the rise in the unemployment rate as they enter the labor market.

Federal Reserve Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the health of the labor market ahead of their rate cut decision.

The Federal Reserve cut interest rates for the first time in four years, announcing a 50 basis point cut and policymakers forecasting additional cuts amid progress in slowing inflation.

The Federal Reserve announced the first interest rate cut in four years at its September policy meeting amid progress in slowing down the pace of inflation toward its 2% goal.

Interest rate cuts are top of mind for markets as the Federal Reserve's two-day September policy meeting begins Tuesday after Fed Chair Jerome Powell recently signaled cuts are coming.

Federal Reserve Bank of Richmond President Thomas Barkin warned that U.S. businesses' "low-hiring, low-firing" approach may not last as the central bank eyes interest rate cuts.

New research from economists finds that the Federal Reserve's actions in raising interest rates in response to surging inflation did more than rhetoric to move markets' expectations.

Federal Reserve Chair Jerome Powell signaled during a speech Friday at the Kansas City Fed's symposium in Jackson Hole, Wyoming, that interest rate cuts are on the way.

All eyes will be on Federal Reserve Chair Jerome Powell on Friday as he delivers a keynote speech at the Kansas City Fed's economic symposium in Jackson Hole, Wyoming.

Former President Trump's VP nominee JD Vance said that he agrees with Trump that the president should have a say over the Federal Reserve's monetary policy decisions.

Former President Donald Trump said during a press conference on Thursday that U.S. presidents should have a say on Federal Reserve interest rate decisions.

Billionaire entrepreneur Elon Musk said the Federal Reserve has been "foolish" for not cutting interest rates as the central bank eyes a potential cut in September.

The Federal Reserve signaled that a September rate cut is on the table, but would-be homebuyers are likely to continue facing mortgage rates above 6%.

Federal Reserve policymakers on Wednesday voted to hold interest rates steady, keeping borrowing costs elevated for millions of households and businesses.

The Federal Reserve is widely expected to cut interest rates this year, which could provide some reprieve for Americans crushed by steep borrowing costs.

Former President Donald Trump said in an interview with Bloomberg that he would allow Jerome Powell to finish his term as chair of the Federal Reserve.

Federal Reserve Chair Jerome Powell said Monday that policymakers will not wait until inflation falls to 2% before they pivot to cutting interest rates.

Federal Reserve Chair Jerome Powell said the attempted assassination of former President Donald Trump over the weekend was a "sad day" for the country.