The Latest Breaking News from Jerome Powell

Bureau of Labor Statistics canceled release of October’s consumer price index, citing the government shutdown

US equities notched record gains in October amid the artificial intelligence-led bull run, interest rate cuts and easing trade tensions between Washington and Beijing. The SP 500 hit the 6,900 mark on an intraday basis for the first time on Oct. 28, while the Dow Jones Industrial Average logged its…

The president also disclosed for the first time that Bessent has been advocating for Powell to remain as chair until his term expires in May.

It’s looking increasingly likely that Jerome Powell’s Christmas gift to markets will be an economic lump of coal, rather than what’s on Wall Street’s wish list.

President says the only thing his Treasury Secretary is "blowing it on is the Fed."

A December rate cut is far from certain as inflation continues to run above the Fed's target. At the same time, risks to the US job market remain.

President Donald Trump issued his sharpest critique yet against Federal Reserve Chair Jerome Powell, while confirming that he’s begun interviewing candidates for the top central bank role.

Adriana Kugler abruptly resigned from the Fed's Board of Governors in August.

Despite multiple Fed cuts, mortgage rates remain elevated as lenders largely ignore monetary policy amid tight housing supply, pandemic-era buying.