Federal Reserve Chair Jerome Powell said Thursday he would not resign if President-elect Donald Trump asked him to, and ...

WASHINGTON (AP) — A Federal Reserve official gave a lengthy defense of the central bank’s political independence Thursday, ...

Much attention has been paid to Fed chair Jerome Powell’s remark that he wouldn’t resign even if Trump wants him to. But if a ...

Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a quarter percentage point ...

Copyright 2024 The Associated Press. All Rights Reserved. FILE - Federal Reserve Board Chairman Jerome Powell speaks during a ...

President-elect Donald Trump remains likely to allow Federal Reserve Chair Jerome ... keep Powell in his role at least for ...

Federal Reserve chair Jerome Powell on Thursday said he wouldn’t resign from his role even if President-elect Donald Trump requested he do so, suggesting the move would be illegal.During a press ...

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...

Powell’s term as Fed chair is set to end in May 2026.When asked at a press conference Thursday whether he would go if asked ...

The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that ...

The Federal Reserve cut its benchmark interest rate by a quarter-point to between 4.5 and 4.75 percent on Thursday.

U.S. stocks are ticking higher ahead of the Federal Reserve’s announcement coming later in the afternoon about what it will ...