On "Forbes Newsroom," Steve Forbes responds to Federal Reserve Chair Jerome Powell’s testimony before the House and the ...

Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...

Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives and the public that they may be waiting longer than they had thought for ...

A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest ...

Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...

On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, ...

The U.S. consumer price index for January will be released at 8:30 a.m. Eastern on Wednesday. Economists expect headline annual CPI inflation of 2.8%, down a touch from January’s 2.9%. However, that ...

Asian equities rose while London and Frankfurt hit fresh highs Wednesday as traders took in their stride a warning from ...

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...

Federal Reserve Chair Jerome Powell delivered a simple message to Congress to start two days of testimony on Tuesday: Because the economy is doing well, the Fed can take its time to decide when and wh ...

Markets again showed resiliency by shrugging off negative headlines. These included comments by Federal Reserve Chair Jerome Powell that the central bank doesn’t see "any reason to be in a hurry” to k ...