Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

Federal Reserve Chair Jerome Powell said the US central bank is still struggling to determine the impact of tariffs on ...

Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...

The US Federal Reserve released plans Wednesday to relax a key capital rule for major banks, a move they say can help ...

The Mideast cease-fire and Trump’s tariffs are affecting global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

The S&P 500 was flat on Wednesday, June 25, 2025, as Trump said the U.S. would meet with Iran next week and the Powell reiterated the Fed's "wait-and-see" approach.