Powell is set to deliver what almost certainly will be his last keynote address at the central bank's annual conclave.

Bitcoin has dipped about 1% over the past 24 hours and almost 5% over the past week to around $112,000, according to data from Binance.

Powell has already acknowledged that the language adopted in 2020 had been overtaken by the surge of inflation during the COVID-19 pandemic and was likely on its way out.

A Justice Department official is set to probe Federal Reserve Governor Lisa Cook after she was accused by a member of President Donald Trump’s administration of committing mortgage fraud, according to a letter sent Thursday to Fed Chair Jerome Powell.

“I see an inflation picture that is too high and rising, and moving in the wrong direction,” said Cleveland Fed President Beth Hammack in an interview Thursday at a marquee gathering of Fed and centr...

The administration on Wednesday broadened its attacks beyond Mr. Powell to Lisa Cook, who has served as a member of the Board of Governors since 2022.

The U.S. Justice Department plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to remove her f...

Bill Pulte, director of the agency that oversees mortgage giants Fannie Mae and Freddie Mac, urged the Justice Department to investigate Cook, who was appointed to the Fed’s governing board by former ...

Most Federal Reserve officials highlighted inflation risks as outweighing concerns over the labor market at their meeting last month, as tariffs fueled a growing divide within the central bank’s rate-setting committee.