The Federal Reserve's Main Street Lending facility may lend as much as $30 billion by the end of the year, Fed Chair Jerome Powell said in testimony before the Senate Banking Committee.

The Federal Reserve remains committed to using all the tools at its disposal to help the U.S. economy recover from the blow delivered by the coronavirus pandemic, Chair Jerome Powell said on Monday.

Some at the central bank don’t feel the need to cut rates further this year; others are worried about the jobs market. That ...

On Sept. 23, Powell gave a speech in Rhode Island where he fielded questions about the stock market and how the Fed's Board of Governors account for equity valuations in monetary policy. Though the ...

What is going on with the stock market? It just keeps rising. To understand where the markets are going and how they are being influenced by some major macro-economic trends — like tariffs and ...

Big tech companies have led the movement to transform commerce into a rigged casino where the house always wins, consumers ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials this week who have called for a ...