Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark ...

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Powell said economic growth “has slowed notably in the first half of this year,” to an annual rate of 1.2%, down from 2.5% ...

Jerome Powell said the labor market might be softening enough to rein in inflation that is being pushed up by tariffs .

Jerome Powell, the Federal Reserve chair, says rate cuts may come soon. The challenge is doing it without making the Fed look ...

At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.

Officials have kept borrowing costs at a range of 4.25% to 4.5% dating back the last five meetings. After each decision to ...