Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...

A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

That may be true, but once there is no excess liquidity sloshing around the system, liquidity drained by QT will have to come ...

Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

A Labor Department report showing the unemployment rate edged down to 4% last month and employers adding 143,000 jobs is ...

January’s jobs report may shape Fed rate cut bets. Will slowing payroll growth and revisions spark a policy shift? Traders eye key labor data Friday.

US Treasury Secretary Scott Bessent says he had a constructive first meeting with Federal Reserve Chair Jerome Powell.

Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...

Powell also addressed the uncertainty surrounding tariffs, describing their potential impact as highly unpredictable. He noted the wide range of unknowns, including the duration, scale, and targets of ...

The February jobs report reveals the economy added 143,000 jobs, continuing a hiring trend but falling short of analysts' ...