Jerome Powell

Bitcoin and cryptos got some love this week from a few of the financial world's biggest players, giving digital assets fresh tailwinds even amid a tougher regulatory overhang.

U.S. Federal Reserve Chair Jerome Powell testified before a House panel on Wednesday, saying more rate hikes are on the way, after the central bank paused hikes last week.

Fed chair Jerome Powell heads to Capitol Hill on Wednesday to begin two days of testimony on the economy and plans concerning interest rates.

The Federal Reserve warned in its semi-annual monetary report to Congress that tightening credit conditions could weigh on the U.S. economy this year.

Two Federal Reserve officials suggested Friday that interest rates may need to go higher amid signs of underlying inflationary pressures in the economy.

While investors are optimistic the Federal Reserve will pause interest rates this month, the move is unlikely to bring relief to stretched consumers holding credit card debt and variable rate loans.

The Federal Reserve paused its 15-month interest rate hike campaign on Wednesday after government data pointed to a sharp slowdown in inflation last month.

The Federal Reserve will likely pause its 15-month interest rate hike campaign Wednesday after government data pointed to a sharp slowdown in inflation.

Economists expect the Federal Reserve to pause interest rate increases during its June meeting, but they are divided over the possibility of future hikes.

Federal Reserve Bank of Cleveland president, Loretta Mester said in an interview with the Financial Times that she sees no "compelling" reason to pause rate hikes.

The Federal Reserve may hike interest rates for the 11th straight time in June amid signs of stubbornly high inflation, according to Wall Street traders.

Federal Reserve officials are split over whether to pause their aggressive interest-rate hike campaign at the June policy-setting meeting, minutes showed.

Several Federal Reserve officials signaled this week they could support an interest rate hike in June amid signs that inflation still remains too high.

Minneapolis Federal Reserve President Neel Kashkari told the Wall Street Journal that he is open to a pause on interest rate hikes amid ongoing economic uncertainty.

Federal Reserve Chairman Jerome Powell said Friday that tighter credit conditions resulting from the recent regional banking crisis may cause the central bank to ease off rate hikes.

Dallas Federal Reserve President Lorie Logan said Thursday that economic data doesn't justify pausing interest rate hikes at the central bank's June meeting.

Inflation continued to financially burden millions of U.S. households in April as the cost of things like gasoline, used cars and rent marched higher.

The Labor Department said the consumer price index showed that inflation cooled last month, but that underlying price pressures remained stubbornly high.

Inflation likely remained stubbornly high in April as price pressures continue to squeeze household budgets despite Federal Reserve interest rate hikes.

New York Federal Reserve President John Williams said that credit conditions will play a key role in his decision-making for future interest rate hikes.