The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.

Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...

Government outlays increased 2.5%, down from 5.1% the previous quarter. Federal spending rose 3.2%. State and local purchases ...

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

The Federal Reserve announced on Wednesday it would be testing big banks against heightened stress in commercial and ...