Federal Reserve chief Jerome Powell said a reduction in U.S. interest rates is “on the table” in September if inflation slows further like it has in the past several months.

Director of the National Economic Council Kevin Hassett told "Special Report" host Bret Baier he has "high confidence" President Donald Trump will be able to overcome the "bumpy ride" and sign the ...

Powell said that getting inflation down to 2% won’t require a recession or meaningful increase in unemployment—a so-called soft landing for the economy.

Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.

Powell described the overall economy and labor market as solid. He said inflation had eased significantly from highs reached in mid-2022, but was somewhat elevated above the Fed’s 2% objective.

Jerome Powell, the Federal Reserve chair, is set to testify before Congress on Tuesday and Wednesday, and the Fed’s preferred inflation ga ...

Tariffs likely to cause higher inflation and slower growth, Powell warns Uncertainty over the economic outlook is fueling a wait-and-see approach by the Federal Reserve.

The Fed Powell leaves door ajar to July rate cut, but an expected rise inflation is likely to keep the Fed sidelined Two top officials, both appointed by Trump, are the first to suggest an ...

Inflation cooled significantly in March ahead of tariff-fueled price jumps Drop in energy and transportation costs fueled unexpected monthly decline in prices.

The central bank expects to see continued, but bumpy, progress on bringing inflation back to its 2% target, he said. Near-term measures of inflation expectations have moved higher, with tariffs as ...

Federal Reserve chairman Jerome Powell said the strong US economy has given central bankers room to lower interest rates at a careful pace.

The stock market slipped again on Thursday after Wall Street dialed back rate-cut expectations in the wake of the latest inflation data and comments from Fed Chair Jerome Powell. The Dow Jones ...