The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
Inflation also worsened on a monthly basis, with prices jumping 0.5% in January from December, the largest increase since ...
President Donald Trump took to Truth Social Wednesday to argue that tariffs and lower interest rates go "hand in hand," suggesting that new trade barriers could prompt the Federal Reserve to ease ...
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its ...
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Rep. Frank Lucas, a Republican from Oklahoma, asked Powell about the issues that the Fed will be examining during its ...
Now consider bitcoin: much like these scarce precious metals, bitcoin is now widely regarded as “digital gold,” including by ...
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...