NEW YORK - US inflation remained stubbornly high in August, with prices increasing at an annual rate of 8.3 per cent. While this higher-than-expect ...

US Federal Reserve (Fed) chairman Jerome Powell’s “time has come” keynote speech at the Jackson Hole symposium recently gave markets greater conviction that the Fed rate cut cycle is upon us.

Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was ...

Chair Jerome Powell will likely provide some hints about how the Fed sees the economy and what its next steps may be in a high-profile speech Friday in Jackson Hole, Wyoming, at the Fed's annual ...

Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded ...

A former aide under President Joe Biden claimed Monday she was not working in the White House “in the end” when Fox News host ...

Given all that, it wasn’t crazy to think the Fed should “do something.” Jerome Powell left no doubt in his Jackson Hole speech, saying “The time has come for policy to adjust.” I said at the time ...

The hero of Claire Powell’s children’s novel Marty Moose must battle dark burrows and foetid toads to become a ‘postmouse’ of true worth The move from picture books to novels is one of the ...

Federal Reserve Chair Jerome Powell defended the central bank’s allocation of resources in the face of calls to slim down government agencies. Last month, the billionaire Elon Musk, who has been ...

In a press conference, Fed Chair Jerome Powell said he hasn’t had contact with the president and declined to comment on Trump’s recent remarks about demanding interest rates drop.