The Latest Breaking News from Jerome Powell

Federal Reserve Chair Jerome Powell addresses concerns about housing inflation and supply challenges in the market.

Stocks react to Powell's remarks on labor market and Fed's rate cut, showing sensitivity to economic signals.

The major move signals end to inflation fight while shoring up job market for ‘soft landing’ as borrowing to get cheaper

The central bank's federal funds rate had been at a 23-year high.

Learn about the Federal Reserve's role in shaping the US economy through interest rates and data-driven decision-making.

Traders initially cheered when the Fed said it would cut rates by 50 points, as the market expected, but stocks closed in the red.

The Federal Reserve considers a rate cut to address inflation concerns and support economic growth.

The Fed has announced an interest-rate cut for the first time in four years – what effect will it have on consumers?

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses