Powell discussed how war in the Middle East is creating more uncertainty about the direction of inflation and the economy.

The Fed's summary of economic projections revealed a higher inflation forecast compared with previous estimates, but also ...

Jerome Powell struck a surprisingly upbeat tone on Wednesday, calling the U.S. economy “amazing to see” after years of shocks. But as he spoke during his penultimate press conference, the Federal ...

Federal Reserve Chair Jerome Powell said Wednesday he would not step down as leader of the central bank until his successor is confirmed and would not leave the bank’s board of governors until the ...

US job creation has slowed to essentially zero, Federal Reserve Chair Jerome Powell said, though central bankers see the ...

The Federal Reserve held interest rates steady as bankers stared down the evolving economic blowback from the war in Iran.

Blue-chips lose more than 700 points; Fed chair notes 'energy shock of some size and duration' ...