Federal Reserve chair Jerome Powell has said the Fed is fast approaching a point when it can end its quantitative tightening balance sheet reduction

Fed Chair Jerome Powell told economists that the sluggish labor market and tariff-induced inflation are persisting as government shutdown delays official employment reports.

U.S. stock futures rallied ahead of Wednesday's bell and the VIX volatility gauge retreated, with global equity and bond markets rallying broadly too. Even though new tensions in the trade row may already raise questions about its forecasts, the International Monetary Fund nudged up its world economic outlook for 2026.

Small-cap stocks rallied after comments from Federal Reserve Chair Jerome Powell buttressed expectations that more interest-rate cuts are coming. Powell suggested a cut is lik

Officials at the Federal Reserve are divided about how to set the central bank's key interest rate in the coming months, and may not get the data they need to settle their differences anytime soon.

(Reuters) -Federal Reserve Chair Jerome Powell said on Tuesday the end of the central bank’s long-running effort to shrink the size of its holdings, widely known as quantitative tightening, or QT, may be coming into view.

Follow all the latest U.S. market action for Tuesday here as stocks respond to China trade tensions and the big banks get the third quarter earnings season into gear.