The Latest Breaking News from Jerome Powell

A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, threatening to slow the economy, but he added that it’s not yet clear whether the central bank should cut its key interest rate

Attack comes day after Federal Reserve announced it won’t be lowering interest rates

President Donald Trump called Fed Chair Jerome Powell a "FOOL" for not lowering interest rates on Wednesday, claiming there is "NO INFLATION"

The Fed's decision to hold rates steady underscores a critical reality for business leaders, according to economists.

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Jerome Powell has fought hard to keep the Fed out of political narratives, and said he would never request a meeting with President Trump.

The Federal Reserve kept its key interest rate unchanged on Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of both higher unemployment and higher inflation have risen, an unusual combination that puts the central bank in a difficult spot.

Asian shares are rising moderately after a lackluster finish on Wall Street, with most shares ticking higher after the Federal Reserve left its main interest rate unchanged, as was widely expected

Asian stocks extended their rally Thursday on hopes for an easing of trade war tensions as China and the United States prepare for weekend talks and after Donald Trump flagged a "major trade deal" later in the day.