"The reaction of the bond market should certainly give Fed officials pause," wrote Ed Yardeni, head of Yardeni Research and coiner of the term "bond vigilantes" to describe buyers' strikes in the fixed income markets. "The bond market isn't buying the Fed's cover story that interest rates were too restrictive."

The Fed leader discussed the reasoning behind the central bank’s decision to cut rates at its second straight meeting as well as the move to stop shrinking its multitrillion-dollar asset portfolio.

Federal Reserve Chair Jerome Powell’s blunt warning that investors need to rein in expectations for a December interest-rate cut underscored a growing tug-of-war among US policymakers who are opposed in their outlooks for jobs and inflation.

In February, the 12 presidents at the regional Federal Reserve banks will need to be reconfirmed in their jobs by the central bank’s Board of Governors. President Donald Trump’s effort to gain control

Federal Reserve Chairman Jerome Powell plans to serve out his term, which ends in May of 2026, but that isn't stopping Treasury Secretary Bessent from moving ahead with finding his replacement.

US Treasuries consolidated Wednesday’s losses, when Federal Reserve Chair Jerome Powell cast doubt on whether policymakers would deliver a third consecutive interest-rate cut in December.

Jerome Powell said the government shutdown would not prevent the Federal Reserve from recognizing if the U.S. economy suddenly faced great difficulty or showed a big rebound. "I think if something material were happening,

Federal Reserve Chairman Jerome Powell said that a lack of key data due to the government shutdown will cause the central bank to be cautious until it has a clearer view of the economy.