Trump has been highly critical of Fed chair Powell for not cutting rates. Some see Trump's pressure campaign against the central bank chief as futile.

Jerome H. Powell, whose term does not expire until May, has argued that the central bank can afford to be patient about cutting interest rates amid uncertainty about the economic outlook.

Trump is reportedly weighing a slate of candidates to take over Jerome Powell's job and could announce a replacement long before Powell's term is over.

Powell says one-off impact no guarantee Powell says Fed needs to manage inflation risk 2018 tariffs were smaller, not a current guide ...

As the Federal Reserve considers changes to the supplemental leverage ratio, Fed Board Chair Jerome Powell said that effort is one piece of a broader deregulation package that will also address the ...

During his appearance before the House Financial Service Committee on Tuesday, Powell said the central bank may not cut its interest rate target in July.

Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs.

Powell said in prepared remarks for testimony before Congress that the threat of higher inflation from Trump’s tariffs made it necessary to hold rates steady.

Two Fed members earlier this week appeared to break with Powell, suggesting a rate cut would be appropriate as soon as the central bank's July meeting.

Follow live coverage and the latest news from Federal Reserve Chairman Jerome Powell. He'll speak to both chambers of Congress, testifying on Tuesday to the House and on Wednesday to the Senate.

President Trump entertained the idea of firing Jerome Powell on Friday, a legally untested and contentious move.

Federal Reserve Chair Jerome Powell said on Wednesday goods price inflation will pick up over the course of the summer as President Donald Trump's tariffs work their way to U.S. consumers, who he ...