Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

CNN data analyst Harry Enten on Wednesday said Zohran Mamdani's victory in the New York Democratic mayoral primary should ...

Everyone’s waiting on a Fed rate cut—but will mortgage rates even fall when it happens? Here’s what homebuyers should know before banking on a drop that may never come.

The S&P 500 was flat on Wednesday, June 25, 2025, as Trump said the U.S. would meet with Iran next week and the Powell reiterated the Fed's "wait-and-see" approach.

The Fed, OCC, and FDIC jointly proposed reducing what’s known as the enhanced supplementary leverage ratio, or eSLR, for the ...

Austan Goolsbee, president of the Federal Reserve Bank of Chicago, traveled to Wisconsin to meet with businesses to hear ...

NEW YORK (AP) — U.S. stocks are hanging near their all-time high on Wednesday as financial markets catch a breath following ...

During a second day of testimony on Capitol Hill, Federal Reserve Chair Jerome Powell said the central bank is reviewing the ...

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Trump administration's tariff plans may well just cause a ...

Powell said the Fed’s Eccles building, constructed between 1935 and 1937, “really needed a serious renovation,” saying that among the building’s issues, “it was not really safe and it was ...

Federal Reserve Chair Jerome Powell on Wednesday pushed back against reports the central bank was spending money excessively ...

President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has ...