The US Federal Reserve is in no “hurry” to adjust interest rates again, the central bank’s chair Jerome Powell said Wednesday, after policymakers voted to pause rate cuts in the first decision since Donald Trump’s White House return.

Powell has an extensive background in economics and financing, working at different organizations and companies in that field, such as The Carlyle Group. Jerome Hayden Powell, nicknamed “Jay ...

At the Federal Reserve’s first meeting in 2025, consumers are going to want what Fed Chair Jerome Powell simply can’t give them: An answer to how much longer interest rates are going to stay high.

Trump revived his criticism of the Fed and its chair Jerome Powell, whom he first appointed to run the US central bank. ‘I’ll demand that interest rates drop immediately,’ he said

The US Federal Reserve is in no "hurry" to adjust interest rates again, the central bank's chair Jerome Powell said Wednesday, after policymakers voted to pause rate cuts in the first decision since Donald Trump's White House return.

Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop immediately.”

The world's largest digital asset pushed higher after the Federal Reserve chair signaled a prudently supportive stance for banks' crypto adoption.

But the president should not hold his breath. According to the CME Group's Fed Watch Tool, there is almost no chance of a rate cut. According to the CME Group's FedWatch tool this week, the Fed will hold its key federal funds rate at 4.25% to 4.5%, a level set in December. There may not be a rate cut until June.

Bitcoin extended its biggest jump in more than a week following the Federal Reserve’s latest monetary policy meeting and comments from Chair Jerome Powell that touched briefly upon crypto regulation.M

Federal Reserve Chair Jerome Powell reaffirmed the central bank's independence despite ... is unlikely to influence the Federal Reserve’s near-term decisions. According to data from CME Group, the probability of a rate cut this month stands at just ...

European stocks are expected to open in mixed territory Wednesday as global market jitters over AI tech rivalry between the U.S. and China eases.

European stocks are expected to open in mixed territory Wednesday as global market jitters over AI tech rivalry between the U.S. and China eases.