Stocks reversed gains late in the session Wednesday as the Fed's Jerome Powell said no decisions made on a September interest rate cut.

Fed Reserve Chair Jerome Powell should cut rates — now | Opinion The Fed’s credibility depends on acting when the data support action. Clinging to high rates as inflation recedes and labor ...

To an unprecedented degree, Donald Trump has lobbied his handpicked Federal Reserve chairman, Jerome Powell, to lower interest rates. The heavy-handed tactics, which have unfolded in recent months ...

Despite losing $235 billion, Federal Reserve Chairman Jerome Powell somehow still has a job—for now. His mismanagement of the Fed has not only badly hamstrung monetary policy for years but has ...

Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down.

Home Investing Stocks Dividend Stocks What Will the Fed Do at Its Next Meeting? Rate cuts remain on hold this summer, experts say.

And because Powell also instituted policies whereby even the Fed now pays interest on money parked in its vaults, this interest expense also exploded higher.

The Fed's architects said the central bank wanted glass walls, but three Trump appointees felt marble best fit the building's historic character.

Trump appointees pushed more marble in Fed building renovation White House now attacks The extensive use of marble in the building is, at least in part, the result of policies backed by Trump himself.

The Fed's architects said the central bank wanted glass walls, to reflect the Fed as a transparent institution, but three Trump appointees to a local commission felt marble best fit the building's ...