For months, Jerome Powell largely ignored President Donald Trump’s constant hectoring that he reduce borrowing costs. On ...

A report Friday is forecast to show the personal consumption expenditures price index excluding food and energy — the Fed’s ...

Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark ...

Investors have cheered a dovish speech on US interest rates from the world’s most powerful central banker, Jerome Powell.

Producers of metals and other raw materials rallied alongside other rate-sensitive securities after Federal Reserve Chairman Jerome Powell opened the door to a rate cut in September. "The balance of ...

United States Federal Reserve Chair Jerome Powell on Friday (Aug 22) pointed to a possible rate cut at the central bank's ...

Jerome Powell, the Federal Reserve chair, says rate cuts may come soon. The challenge is doing it without making the Fed look ...

At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.