The Latest Breaking News from Jerome Powell

Federal Reserve chair Jerome Powell may not bare his hawkish talons on Wednesday with core inflation falling rapidly.

Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools

A sharp increase in gas prices likely pushed inflation higher in August compared with a year ago, yet a measure excluding energy and food costs is expected to fall for the fifth straight month, suggesting that the Federal Reserve’s interest rate hikes are still bringing down prices for many goods…

The CPI inflation rate is expected to rise again as gas prices bite, but easing core inflation and a slowing consumer are good news for the Fed.

Positive inflation and labor data has prompted Goldman Sachs' chief economist to rethink the probability of a recession in the next 12 months.

Like any good sparring partner, Powell isn't going to throw cheap shots when the economy's knees are starting to buckle.

September has historically been the worst month for U.S. stocks. Here's what investors need to watch right now - including one critical catalyst that's the most potent risk for stocks right now.

Number of new jobs matches July’s total, reflecting resilience of labor market even with high interest rates

The US central bank, the Federal Reserve, has recently signalled that it will keep interest rates high for as long as it takes to bring inflation down to its 2% target.