Equity markets diverged Wednesday as attention turned away from recent turbulence in tech stocks to the outlook for interest rates, with the Fed and the ECB both holding their first major meetings of the year.

Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was ...

Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its current range around 4.3% after three consecutive rate cuts beginning in September,

Trump’s blasting of the Federal Reserve and Jerome Powell came just hours after the announcement that interest rates would stand at 4.25% to 4.5%.

European markets hit new highs, driven by tech stocks' robust performance, notably chipmaker ASML's positive results. Anticipation surrounds the U.S. Fed and ECB outcomes. Germany's DAX soared with Deutsche Telekom,

President-elect Trump said in an interview that he won't try to fire Federal Reserve Chair Jerome Powell despite his past criticism of Powell and the leadership of the central bank. Chicago ...

Fed Chair Jerome Powell is taking questions from journalists after the central bank held interest rates steady following three consecutive cuts at the end of 2024.