Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the ...

President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was ...

The stock market reaction Wednesday to Republican Donald Trump's victory over Democrat Kamala Harris was swift and powerful, ...

Donald Trump unleashed China tariffs during his first term that essentially sparked a trade war after the country retaliated ...

The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is ...

Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.

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

The Federal Reserve cut its benchmark interest rate by a quarter of a percentage point Thursday, as expected, to the ...

Prospects of a near-term rebound in the $28-trillion U.S. government bond market are faltering, as Donald Trump’s return to ...

Jerome Powell’s hard work is in danger of coming undone. The U.S. Federal Reserve chair and his Federal Open Market Committee ...

Additional rate cuts aren't as clear, though, as Donald Trump's proposed widespread tariffs could slow down the Fed's plans.

After a single-minded focus on bringing inflation down, the central bank has pivoted toward achieving a soft landing.