The Latest Breaking News from Jerome Powell

The head of the European Central Bank says it will move gradually to combat soaring consumer prices with interest rate hikes in July and September but will keep its options open to “stamp out” inflation if it surges faster than expected

Past Fed Chair Paul Volker has been invoked in countless discussions surrounding monetary policy these days. Many are wondering if current Chair Jerome Powell will have the resolve to exact the Volcker-style rate hikes necessary to combat inflation. Macroeconomic expert Luke Gromen believes that this is more about math than…

The high price of gasoline doesn’t really matter to the Federal Reserve’s fight against inflation.

If economic history teaches us anything, it's that when times get tough, working men and women get targets painted on their back.

Shares are higher in Asia despite data suggesting economies are slowing

Shares of major U.S.-listed Chinese companies inched higher in Hong Kong on Friday, with tech giants like Alibaba Group Holdings (NYSE: BABA), Tencent Holdings (OTC: TCEHY), Baidu Inc (NASDAQ:

As if their job weren’t hard enough at a time of raging inflation, Chair Jerome Powell and his Federal Reserve colleagues have to do more these days than decide just how much to raise interest rates without triggering a recession

The fate of the housing boom is on the minds of both homeowners and homebuyers these days. Will record home values lead to a crash reminiscent of the one that made the Great Recession so painful? Or will prices simply take a breather from their torrid pace of appreciation?

The Federal Reserve has taken some heat for moving too slow to cool inflation.  Fed Chair Jerome Powell looked back on what went wrong Thursday during the second day of a congressionally mandated semiannual report on monetary policy.