The Latest Breaking News from Jerome Powell

The Fed and other central banks want to bring down inflation at all costs. Is it worth it?

“The arithmetic behind it was timeless," George Ball of Sanders Morris Harris told Fortune.

Inflation is receding, albeit slowly, so there’s no reason to risk more financial tumult. Will the central bank see it that way?

TALLAHASSEE — Echoing recent claims by Alex Jones and other right-wing personalities that the federal government wants to create a Communist-style surveillance system to track the spending habits of Americans, Gov. Ron DeSantis on Monday said he wants to ban such activities in Florida.

Powell's handling of the economy and banking regulations has left a lot to be desired for some critics.

Still grappling with persistently high inflation, the Federal Reserve faces an entirely new — and in some ways conflicting — challenge as it meets to consider interest rates this week: How to restore calm to a nervous banking system

Progressive Democrat launches offensive on politicians on the left and the right who supported Trump-era deregulation of US banks

Lifelines handed to Swiss bank and US regional bank First Republic fail to ease investor concerns

Student debts and underwater mortgages are private burdens, but corporate losses are matters of urgent public interest

Last week, after hawkish testimony from Federal Reserve Chair Jerome Powell, markets penciled in a half-point increase in interest rates following the central bank’s next policy meeting. On Friday, the run on Silicon Valley Bank and subsequent fears of a wider crisis changed many investors’ minds. Some bet that the…

Democratic U.S. Sen. Elizabeth Warren thinks she knows who to blame for the collapse of Silicon Valley Bank, and the financial fallout that followed.