Federal Reserve Chair Jerome Powell may have received immunity from any move by President Donald Trump and his administration to fire him following a ruling by the U.S. Supreme Court. The apex court’s decision came after an application from the Trump administration for stay orders from the District Court of Columbia enjoining the president’s

Following the last review, the Fed outlined a policy that became known as flexible average inflation targeting. The move was a stated intent to allow inflation to run slightly over the central bank's 2% target for a period of time in the interest of providing full and inclusive employment across the economy, including for race and gender.

Every five years the Federal Reserve reconsiders its framework for monetary policy. This time it will have to consider lessons from the pandemic and an uncertain future.

Federal Reserve Chair Jerome Powell warned on Wednesday that President Donald Trump’s tariff regime could lead to increased inflation and unemployment, as well as a slowdown in the U.S. economy ...

Past changes to the Federal Reserve's longer-run strategy, including letting inflation run hotter than 2% for "some time," might no longer work for the current economy.

Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.

Federal Reserve Chairman Jerome Powell said Thursday that the US may be entering a period of more frequent supply shocks and volatile inflation, warranting more transparent communication practices from the central bank.

There is one subject where Federal Reserve Chair Jerome Powell has been consistent since becoming central bank boss nearly seven years ago: The nation’s fiscal path is "unsustainable." It’s a word he has come back to again and again in describing US deficits,