Why Powell's inflation comments sparked stock market sell-off 02:51. Federal Reserve Chair Jerome Powell on Wednesday cautioned that the central bank could face a "challenging scenario" of ...

President Donald Trump on Thursday met with Federal Reserve Chair Jerome Powell for the first time in his second term, scolding him for not lowering borrowing costs. Powell maintained that any ...

Jerome Hayden “Jay” Powell, 72, has been Fed chair since 2018. Between the 2020 COVID-19 crisis, the 2022 inflation crisis and occasional spats with President Trump , Powell has put in some ...

President Donald Trump said Wednesday that Federal Reserve Chair Jerome Powell has kept interest rates too high and that he might call the central bank chief.

The President of the Federal Reserve, Jerome Powell, visited the White House on Thursday, the first invitation since Donald Trump returned to power on June 20 and since they met in 2019.It was not ...

President Donald Trump is lashing out again at Federal Reserve Chair Jerome Powell after the central bank kept interest rates steady in a May 7 announcement and Powell said he's in "no hurry" to ...

President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, but said he wants interest rates to be lower, remarks that could defuse tensions over the central ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to reduce ...

The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the central bank in line with President Trump's broader efforts to streamline the federal government ...