WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that ...
Trump's proposed tariffs against Mexico, Canada and China have already affected the economy before a single cent of goods have been taxed.
President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.
The battle for authority between President Trump and Fed Chairman Powell has begun, with Trump pushing for a rate cut and Powell holding steady.
President Donald Trump did not call on the Federal Reserve to bring down rates last week, but said it had failed to bring ...
The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
In a Friday speech, Federal Reserve Board member Michelle Bowman said regulation and supervision should be aimed at expanding banking access, not limiting it.
Two Federal Reserve officials seen as representing contrasting sides of the policy spectrum said on Friday they'll be ...
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.