JPMorgan Chase CEO Jamie Dimon has come to the defence of Fed chairman Jerome Powell, saying his cautious approach is appropriate.

Following the last review, the Fed outlined a policy that became known as flexible average inflation targeting. The move was a stated intent to allow inflation to run slightly over the central bank's 2% target for a period of time in the interest of providing full and inclusive employment across the economy, including for race and gender.

Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.

Past changes to the Federal Reserve's longer-run strategy, including letting inflation run hotter than 2% for "some time," might no longer work for the current economy.

Federal Reserve Chair Jerome Powell said Thursday that the economy may be entering a period of more volatile inflation and more regular supply shocks relative to recent decades, in which inflation

Donald Trump has fired shots at Jerome Powell, branding the Fed Chair a latecomer over delays over interest rate cuts.

The memo made no mention of any involuntary cuts or layoffs. Fed Chair Jerome Powell said that he has directed Fed leadership to find “incremental” ways to trim operations, with a goal of ...

The Fed's warning echoes that of analysts who say U.S. companies could face inventory shortfalls as a result of tariff-induced supply chain issues.

Federal Reserve Chair Jerome Powell may have received immunity from any move by President Donald Trump and his administration to fire him following a ruling by the U.S. Supreme Court. The apex court’s decision came after an application from the Trump administration for stay orders from the District Court of Columbia enjoining the president’s