Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs.

In his remarks Tuesday, the central bank leader asserted that the Fed is "well positioned to wait" on interest rate policy.

Live Updates Live Coverage Updates appear automatically as they are published. Rate Cut Horizon 9:48 am by Gerelyn Terzo While Fed Chairman Jerome Powell has been avoiding interest rate cuts at all ...

Discover why HOMB's residential loans boost growth and how Fed rate cuts reduce costs. With 7.6% price upside and 2.8% yield, ...

Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.

( NewsNation) — Sen. Mike Rounds, R-S.D., tells “Morning in America” he likes the way Federal Reserve chair Jerome Powell has ...

Consumers are feeling less optimistic about the labor market outlook as unemployment claims move higher and the hiring rate ...

With economic upheaval swirling and mortgage rates stubbornly high, you may be weighing whether to buy a home — or wait until conditions improve. Here's what to know right now for the best informed ...

The S&P 500 is on the cusp of a record high. It’s been a remarkable change of events since the index was on the brink of a bear market just two months ago.

Having $50K in savings might sound smart, but it could actually be dragging down your returns. Here's what to do instead.

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

Comments made by Federal Reserve Chair Jerome Powell on Tuesday have solidified the idea that the Federal Reserve will slash interest rates in September, having kept them at between 4.25% and 4.5% for ...