U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...
January's consumer price index came in hot, with Trump tariffs set to push prices higher. S&P 500 futures tumbled on the CPI inflation report.
Inflation accelerated in January, with the consumer price index rising 3% year over year, above economists' expectations.
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, ...
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that officials will be patient before lowering borrowing costs further. “With ...
Inflation proved stubborn in 2024, a trend that probably extended into the new year and could complicate President Donald ...
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Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers ...
Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...