The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the central bank.

Stocks were broadly flat on Friday as traders awaited a key speech from Federal Reserve Chair Jerome Powell at the annual Jackson Hole symposium this weekend that could shed light on the future direc...

If the famously data-dependent Powell shifts gears and takes a gloomier view of the job market, that could open the door for a rate cut at the Fed's next meeting in September.

The 30-year Treasury yield fell ahead of Powell’s speech as investors buy up longer-term U.S. government debt.

The U.S. dollar hovered near a two-week high against the euro and sterling on Friday as investors trimmed rate cut wagers ahead of an eagerly anticipated speech from Federal Reserve Chair Jerome Powe...