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 ...

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 ...

Powell emphasized the importance of the central bank remaining independent from elected lawmakers’ wishes. “We’ll make better policy, we'll keep inflation lower if we just focus on doing our job and ...

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 ...

The Bank of England voted to reduce the base rate by 25 basis points at the first MPC meeting of the year, as widely ...

The Fed has decided to hold rates at 4.25–4.50%, signaling caution amid rising inflation, which could lead to fewer rate cuts ...