The Latest Breaking News from the Federal Reserve

On Thursday, Powell was asked if he would resign if President-elect Donald Trump demanded it, and Powell simply replied “no.”

Implementing loyalists to executive branch positions, forcing local and state law enforcement agencies to comply with mass deportation and taking a confrontational approach to relations with China are all policies promoted by the America First Policy Institute, a right-wing think tank with influence over Donald Trump. Ariana Baio breaks it…

Asian equities extended gains Friday, tracking another Wall Street record after the Federal Reserve cut interest rates and on the prospect of market-friendly policies from a Trump administration.

According to Jerome Powell, chair of the Federal Reserve, Donald Trump's election victory will not effect monetary policy actions.

The Federal Reserve met expectations with a quarter-point rate cut.

Learn about the impact of high inflation on Americans and the Federal Reserve's efforts to address the situation.

The central bank continued to ease, but a new administration in Washington clouds the outlook for future policy moves.

Federal Reserve Chair Jerome Powell asserts independence from political influence and refusal to resign at President Trump's request.

Federal Reserve Chair Powell remains cautious despite positive economic data, emphasizing the need for vigilance in monetary policy adjustments.