Donald Trump has been demanding that the Federal Reserve cut interest rates. Jerome Powell finally said why they haven’t.

US stock market today saw mixed moves as the S&P 500 and Nasdaq pulled back from recent highs while the Dow Jones climbed.

S tocks fell significantly after President Trump announced widespread tariffs on April 2. The so-called “Liberation Day” ...

Powell repeated his view Tuesday that U.S. inflation is likely to pick up later this summer, though he acknowledged that the timing and magnitude of any price increase from the duties is uncertain.

Consumer prices were 2.0% higher than the same month last year, up from the 1.9% of May, statistics agency Eurostat said Tuesday, matching expectations from economists polled by The Wall Street ...

On the winning side of Wall Street were stocks of casino companies. They rallied following a report showing ...

Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month. The remarks come amid a public pressure campaign from President Donald ...

The U.S. dollar gained against major currencies like the yen and Swiss franc due to strong labor market data, suggesting a ...

Federal Reserve Chair Jerome Powell on Tuesday claimed he would've lowered interest rates if it weren't for President Donald ...

The Fed hasn’t lowered interest rates at all this year: Central bankers broadly expect Trump’s tariffs to have some effect on ...

On July 1, Federal Reserve Chair Jerome Powell spoke at the ECB Forum and conveyed caution regarding potential interest rate ...