The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S.

The latest jobs data came in way better than expected. That emphatically confirmed the wisdom of Fed chief Jerome Powell and the other 11 members of the Federal Open Market Committee. Powell and his ...

If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...

The Labor Department's Bureau of Labor Statistics nonfarm payroll data show the economy added 147,000 jobs in June. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

President Donald Trump continued to ramp up his feud with Federal Reserve chair Jerome Powell over the central bank ...

The Fed chief has repeatedly declined to say whether he will step down when his four-year term as chair expires in May, or ...

Sorkin flagged that June's strong jobs report will give Jerome Powell justification for having resisted Trump on lowering ...

The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...

The odds of a rate cut at the Federal Reserve’s next meeting evaporated after a resilient jobs report for the month of June ...

Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for ...

At their annual gathering in the hills of Portugal's Sintra, central bankers this week confronted rising challenges to their ...

Many think interest rates are too high, and a growing chorus of voices is calling on the Fed to cut rates. Are they right?