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.

The Fed is set to keep rates steady as Iran war risks and persistent inflation cloud the outlook for cuts or hikes.

The Federal Reserve announced at its April 28-29 meeting that is keeping the federal funds rate unchanged. This decision was widely expected among economists and investors. In my decade of reporting on mortgages,

Silver and gold are bouncing higher in today's session, with the bid taking traction in the wake of the Federal Reserve and a barrage of other global central bank meetings. With both crude oil and the US dollar stumbling during today's session, precious metals and broader risk assets are shining bright again.

Federal Reserve officials are expected to leave the central bank's key interest rate unchanged at what is likely Fed Chair Jerome Powell's last meeting.

Kevin Warsh, President Donald Trump’s pick to lead the Federal Reserve, is now firmly on track to assume one of the most powerful positions in the global economy — and could advance an agenda that aligns with Trump’s desire for lower rates.

US Fed FOMC Meeting, US Fed Rate Cut, Interest Rate Cut Decision Today Live Updates: The Federal Reserve is expected to keep rates unchanged at 3.50%–3.75% at its April meeting. It may be Jerome Powell’s final appearance as chair,

The Federal Reserve is set to announce its decision on the next rate cut on April 29. This is also the last time Jerome Powell will address the Federal Open Market Committee (FOMC) as the Federal Reserve chairman.