January's consumer price index came in hot, with Trump tariffs set to push prices higher. S&P 500 futures tumbled on the CPI inflation report.

Traders in the federal-funds futures market on Wednesday morning pushed back their expectations for the Federal Reserve to cut its benchmark interest rate to the fourth quarter of 2025, after weighing ...

U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...

Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid ...

KTLA's David Lazarus reports on the stunning acknowledgment from Federal Reserve chairman Jerome Powell. Feb. 11, 2025.

Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak ...

Responding to questions from Sen. Andy Kim, Democrat of New Jersey, Powell said that the Fed is not overstaffed—“overworked, ...

Federal Reserve Chair Jerome Powell is headed to Capitol Hill today for his twice-yearly testimony before Congress. Expect ...

Fed-funds futures traders were reacting to Federal Reserve Chairman Jerome Powell's first day of testimony by factoring in a slightly greater chance of no action or only one rate cut by year-end. They ...

Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial ...

Federal Reserve Chair Jerome Powell is testifying before the Senate Committee on Banking, Housing and Urban Affairs. He is due to appear Wednesday before the House Financial Services Committee. The Fe ...

US Federal Reserve Chairman Jerome Powell speaks during a news conference at the end of the two-day Federal Open Market ...