Powell’s term as chair does not expire until May 2026, and choosing a replacement that early would be unusual.

The U.S dollar wobbled on Friday, hovering near its lowest level in 3-1/2 years against the euro and sterling, as traders ...

Markets rallied Thursday, brushing off Washington’s moves over the reconciliation bill. Micron, which released earnings ...

Federal Reserve Chair Jerome Powell is facing heat from President Donald Trump, who’s back in the White House and already ...

Fed Chair Jerome Powell's odds of staying drop as Trump eyes an early Fed switch and the dollar hits a 3-year low.

The U.S. dollar’s fall comes following a report that Trump is considering bringing forward the announcement of his choice to ...

No decisions are imminent, although Trump has the right to change his mind and many good options to nominate as the next ...

Jerome Powell told lawmakers that the technology’s impact on the economy is “probably not great” now, but it has the ...

The way that the math breaks down is that only two of the Federal Open Market Committee's 12 voters have recently shifted toward possibly cutting rates soon, said Chris Low, chief economist at FHN ...

The central bank is planning to reduce a capital buffer for the country’s largest banks, which critics warn will make the ...

The Commerce Department said the U.S. gross domestic product, an overarching measure of economic output, stood at a -0.5% ...

The U.S. dollar sank to three-year low following reports that Trump plans to announce Powell's Fed chair successor early, ...