The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.

A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...

Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...

"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...

Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...

Powell was nominated by Trump in 2017 to succeed now-Treasure Secretary Janet Yellen. President Joe Biden chose to put him ...

Jerome Powell noted that the economy was not signaling any distress that would necessitate an accelerated pace of rate cuts.

US central bankers began lowering borrowing costs in September with an aggressive half-percentage-point cut, and then lowered ...

But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...

Federal Reserve Chair Jerome Powell still would rather not talk about such potential Donald Trump priorities as central bank ...