Fed Reserve Chair Jerome Powell responded to the Trump administration's inquiry about its $2.5 billion headquarters renovation, addressing concerns about cost overruns and project details.

The U.S. banking system is healthy, providing a strong foundation for the overall economy amid current uncertainties. Read what investors need to know.

Sen. Rand Paul (R-KY) introduced legislation on Thursday calling for auditing the Federal Reserve. The senator’s proposal comes after Federal Reserve Chairman Jerome Powell has faced scrutiny for the $2.

The latest Federal Reserve study of economic conditions reveals that businesses that did not raise prices or pass on the impact of tariffs to their customers are likely to take a hit on their profit margins.

Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies with plans approved by a local commission, disputing a White House suggestion that they had violated the law by deviating from

The president and his administration could be laying the groundwork to remove Chairman Jerome Powell for cause.

What is the Federal Reserve — and why does it meet? The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health.

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts.