Learn More In their latest public statements, Jerome Powell and the Federal Reserve signaled that interest rates will likely remain higher for longer. *Stock prices used were the afternoon prices ...

Jonathan Lemire, known for his sharp political insights and national coverage as Politico’s White House bureau chief, is making a major move. Starting next month, Lemire will officially join ...

Watch Powell’s remarks in the player above. The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their estimate in ...

Federal Reserve Chair Jerome Powell offered what was perhaps a tell Wednesday on how top of mind the economic policies of President-elect Donald Trump are for monetary policy in 2025. The moment ...

Federal Reserve Chair Jerome Powell began speaking to reporters at 2:30 p.m. Follow along with our live coverage of the Fed meeting below. What Do Today's Decisions and Projections Mean For Your ...

Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the digital currency and signaled a more cautious approach to rate cuts ...

Federal Reserve Chair Jerome Powell discussed the central bank’s decision Wednesday to cut the benchmark federal-funds rate to a range between 4.25% and 4.5%, a two-year low, after the Fed cut ...

Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, citing legal restrictions under the Federal Reserve Act. Powell ...

Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 25 basis points to the range of 4.25%-4.5% after the December meeting and responds to ...

Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 25 basis points to the range of 4.25%-4.5% after the December meeting and responds to ...

Economic activity has continued to expand at a "solid pace," Federal Reserve Chair Jerome Powell said Wednesday after the central bank cut its benchmark rate by another 25 basis points ...

The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will likely be Fed Chair Jerome Powell's last full one at the helm of the U.S. central bank, with his four ...