Fed Chair Jerome Powell has said that the economy faces a "challenging situation" as the labor market weakens while inflation persists.

Fed Chair Jerome Powell has said that the economy faces a "challenging situation" as the labor market weakens while inflation persists.

President Donald Trump on Saturday uploaded a cartoon of himself firing Federal Reserve Chair Jerome Powell, with no other details.

By many measures, the broader stock market is expensive. Jerome Powell this week flagged high stock prices in a rare nod to markets.

Jerome H. Powell, chair of the Federal Reserve, suggested he saw further scope to lower interest rates this year to protect the labor market despite rising inflation.

U.S. Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks of high inflation and a weakening job market in coming interest rate ...

America’s central bankers continue to deal with the double whammy of potentially higher inflation and a slowing labor market, Federal Reserve Chair Jerome Powell said Tuesday, calling it a ...

By installing Stephen Miran and eyeing more allies, Trump is giving the central bank a sharp break from its tradition of independence.

If the Fed were to cut rates “too aggressively,” Powell said, “we could leave the inflation job unfinished and need to reverse course later” and raise rates. But if the Fed keeps its rate too high for ...

Powell closely studies the broad financial picture when making decisions. Investors were eagerly awaiting the recent rate cut, as lower interest rates are positive for the stock market. The Federal ...

A federal judge has warned kids-for-cash figure Robert Powell that “obstruction of justice enhancements” could result in a more severe penalty in his tax evasion case if he fails to file his ...