One word in the Fed’s lengthy policy statement has caused consternation among its officials, with some warning that it could end up costing the economy.

It's Fed decision day. It's also likely to be the last time that Jerome Powell presides over the Federal Reserve's policy committee. Follow our live coverage.

The Federal Reserve voted Wednesday to hold its interest rate target steady as inflation remains elevated. Fed governor Stephen Miran, who was appointed by Trump, voted against the decision, preferring a quarter-percentage-point rate cut. The Wednesday ...

U.S. Attorney Jeanine Pirro had subpoenaed Powell but a court threw out the effort, which Pirro has vowed to appeal. Pirro in recent days referred the investigation to the Fed's inspector general, removing the criminal element and helping clear a political roadblock that had threatened to stall Warsh's confirmation.

Off the Charts: The Visual Says It All

Even as new signs of economic strain pile up, Federal Reserve officials are sticking to an upbeat forecast for growth, and they’re pointing to artificial intelligence to explain why. On Monday, New York Fed President John Williams told the Staten Island ...

President Trump’s pick to lead the Federal Reserve, Kevin Warsh, has said he wants to bring “regime change” to the central bank, but if confirmed by the Senate he will find a Fed already transformed b