Federal Reserve Chair Jerome Powell had mentioned last week that the road to 2% inflation would not be a straight line. "We expect there to be bumps," Powell said, at his press conference last week.

Senator Elizabeth Warren of Massachusetts is set to become the top Democrat on the Banking Committee, a prominent position ...

While Trump hasn’t directly called for abolishing the Fed, he’s clear about wanting to reshape its role, even suggesting that ...

Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...

President-elect Donald Trump’s return to the White House already carried the potential for sweeping changes to the Federal ...

In an absolutely extraordinary moment the central bank’s governors vow to re-elect Jerome Powell chairman of our central bank ...

Bank of America CEO weighed in on the incoming Trump administration and the challenges ahead for the Federal Reserve.

Two days after Donald Trump became the first American since Grover Cleveland to win nonconsecutive presidential elections, the Federal Reserve announced a ...

Sen. John Fetterman, D-Pa., speaks at a campaign rally for Democratic presidential nominee Vice President Kamala Harris at Erie Insurance Arena, in Erie, Pa., Monday, Oct. 14, 2024. (AP ...

Federal Reserve Bank of Richmond President Thomas Barkin said the economy is in a good place, which has allowed the US ...

President-elect Donald Trump beat banker predictions to surpass Vice President Kamala Harris on his way back to the White House, leaving many surprised but hopeful for a relaxed regulatory environment ...

Although Kroger opened a new central Ohio storefront earlier this month, the grocery chain is already planning another ...