Trump has pressured the Fed chair to lower interest rates. They met at the White House May 29.

Another brick in the crumbling edifice, that is the relationship between the Federal Reserve and the White House, just fell out of place. Over the weekend, the Trump administration delivered its most ...

Jerome Powell's decision — the first time a Fed chair will remain on the board as a governor since 1948 — denies President Trump a chance to fill a seat on the board with his appointee.

When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs.

May 15 will mark Jerome Powell's final day as Fed chair. Powell highlighted President Trump's tariffs and the uncertain nature of the Iran War as factors pushing up inflation. With Fed rate cuts ...

The Federal Reserve will meet this week ahead of a looming leadership transition that remains fuzzy, and Wednesday’s news conference will be closely watched for any clarification ...

Ty Roush is a breaking news reporter based in New York City. A majority of Federal Reserve officials warned that interest rate increases could be on the way if inflation remains above target levels, ...

Since Trump was inaugurated for his second, non-consecutive term on Jan. 20, 2025, he and Jerome Powell have been vocally feuding. The president has made clear on several occasions that he'd like to ...

Donald Trump has handed his new Federal Reserve chair his orders, urging him to tame inflation and help his administration supercharge the economy—all the while claiming the central bank should remain ...

In his final press conference before he steps down on May 15, Federal Reserve Chair Jerome Powell stressed the importance of ...