Only a more severe damage to energy infrastructure or disruption of transit through the Strait of Hormuz, a key route for tanker traffic, would produce a lasting rise in energy prices.

Tensions are escalating between the White House and the Federal Reserve, with consumers seemingly caught in the crossfire.

Investors should brace for a high-stakes day for the markets Friday, with a critical update on the employment front and a midday speech from Federal Reserve Chair Jerome Powell on deck.

Still, I have maintained that market discipline (not least from bond vigilantes) and a still-independent Fed would constrain ...

Next Friday, the U.S. jobs report will set the tone for June and give new clues on the effects tariffs are having on the labor market. Federal Reserve Chair Jerome Powell is due to speak Monday ...

The central bank said that the two discussed “economic developments including for growth, employment, and inflation.” ...

Fede Chair Jerome Powell did not discuss his expectations for monetary policy in his meeting with President Donald Trump.

Trump changed his tune when top administration officials warned him privately of the financial market chaos that could ensue if he were to proceed with sacking Powell, CNN previously reported.

President Trump told Federal Reserve Chair Jerome Powell he’s making a mistake by not lowering interest rates, the White House said Thursday. The Federal Reserve said that Powell met with Trump ...

The market reaction "has been far from euphoric thus far," he said in an email. “Trade negotiations are now left in somewhat of a limbo, as it is tough to see how Trump can justify imposing ...

Trump changed his tune when top administration officials warned him privately of the financial market chaos that could ensue if he were to proceed with sacking Powell, CNN previously reported.

Under pressure from President Donald Trump to lower interest rates, Federal Reserve Chairman Jerome Powell met with the ... a flagging economy and job market. It increases interest rates ...