The Latest Breaking News from Jerome Powell

Fed Chair Jerome Powell addressed a central banking conference in Stockholm Tuesday, but declined to address market reaction to signals of slower near-term inflation.

Stock futures slip lower on hawkish Fed signals; Powell speech in focus as rate bets test tightening path; Pfizer may sell Covid treatment in China through local partner; Oak Street Health soars on $10 billion CVS takeover report and Microsoft said to eye $10 billion OpenAI investment.

The jobs report the government will issue Friday is expected to show that December was another healthy month for hiring — a boon for those looking for work but a problem for the Federal Reserve if it persists

The S&P 500 fell on Thursday as investors grew cautious ahead of Friday's jobs report, which could determine the size of the next Fed rate hike.

The IMF's second-in-command is backing the Fed in its fight against inflation, advising Jerome Powell to "stay the course" with rate hikes.

If lawmakers keep spending like they are, and if the Fed backs down from taming inflation, then the government may create a perfect storm.

Federal Reserve Chair Jerome Powell kicked off the holiday season with another interest-rate increase. He also lit the fuse for a sell-off in the stock market by telling the world, “We have more work to do,” signaling additional rate hikes in 2023. A year-end “Santa Claus Rally” could still materialize,…

The Fed’s “difficult [housing] correction” has seen the U.S. housing market flip from inflation mode to deflation mode.

Running the Federal Reserve at a time of high economic volatility is no easy drive. Yet Chair Jerome Powell has a firm grip on the steering wheel.