WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of two of its buildings is in compliance with plans approved by a local commission, disputing a White ...

WASHINGTON—President Trump asked Republican lawmakers this week whether he should fire Federal Reserve Chair Jerome Powell, ...

Federal Reserve Chair Jerome Powell refuted allegations of mismanagement in the Federal Reserve Board’s renovation project, responding to concerns raised by White House Budget Director Russ Vought.

Russell Vought, Director of the White House Office of Management and Budget, had accused Powell of “gross mismanagement” and ...

Republican senators warned Trump not to fire Fed Chair Jerome Powell, citing risks to market stability and the Fed’s ...

US President Donald Trump this week escalated attacks on central bank chair Jerome Powell, suggesting he could be dismissed ...

Low rates can also inflate financial markets. Investors, unable to generate strong returns in safe assets, such as short-term ...

“With inflation near target and the upside risks to inflation limited, we should not wait until the labor market deteriorates before we cut the policy rate,” he said. “I believe it makes sense to cut ...

Donald Trump has raised the revamp costs as a possible reason for ousting the US central bank chief, alleging possible fraud.