U.S. Federal Reserve Chair Jerome Powell attends a press conference, following a two-day meeting of the Federal Open Market Committee on interest rate policy, in Washington, D.C., U.S., March 19 ...

Federal Reserve Board Chairman Jerome Powell listens during a hearing of the House Committee on Financial Services on Capitol Hill, Tuesday, June 24, 2025, in Washington. (AP Photo/Mark Schiefelbein) ...

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 ...

Federal Reserve Chair Jerome Powell said he wouldn't step down if President-elect Trump calls for his resignation and that the president can't remove or demote Fed governors.

Federal Reserve Board Chairman Jerome Powell arrives for a hearing of the House Committee on Financial Services on Capitol Hill, Tuesday, June 24, 2025, in Washington. (AP Photo/Mark Schiefelbein) ...

Jerome H. Powell, the chair of the Federal Reserve, said that while no decision had been made the Fed could quicken its pace of rate increases in March if economic data continued to come in strong.

Federal Reserve Chair Jerome H. Powell is resisting President Donald Trump’s calls for lower interest rates, saying the Fed should not take debt and deficits into account.

Powell has repeatedly said that the Fed shouldn’t change the target while it is still struggling to get inflation down to 2%. After the Fed’s last policy review in 2019, it said it would seek ...

FILE – Federal Reserve Board Chairman Jerome Powell listens during a Senate Committee on Banking hearing, June 25, 2025, on Capitol Hill in Washington. (AP Photo/Julia Demaree Nikhinson, File) ...

Powell, who has been on the Fed's Board of Governors since 2012, was first appointed to head the central bank by Donald Trump, who soon soured on him for a series of rate hikes that irked the ...