Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its current range around 4.3% after three consecutive rate cuts beginning in September,
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump goes after Powell President Trump is dishing out some
The Federal Reserve withdrew from a central-bank climate coalition this month because its work veered outside the Fed's focus on price stabi
A January rate hold is all but certain, but the Federal Reserve chair's first speech during Trump's second presidency could still hold clues on inflation concerns.
The Fed's preferred inflation measure for November, the PCE index, came in below Wall Street estimates ... t try to fire Federal Reserve Chair Jerome Powell despite his past criticism of Powell ...
Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.
IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company forecasted free cash flow of $13.5 billion for the full year, above the $12.92 billion Wall Street had expected. IBM also said its generative AI book business now stands at more than $5 billion.