January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.
Grocery prices were up by 0.5% compared to December, with a nationwide outbreak of bird flu being the likely culprit. The ...
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve ...
Just when Americans were hoping for relief from high interest rates, economic indicators are pointing in an unexpected direction.
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
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 ...
One point that might bring the Federal Reserve and the recently-minted Trump administration into conflict going forward is a stance over ...
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 surge in prices offered a cautionary note to President Donald Trump's push for tariffs on imported goods, which have been panned by economists as inflationary ...
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t ...
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.
Americans’ bank accounts are safe despite the Trump administration’s shutdown of a consumer financial regulatory agency, Federal Reserve Chair Jerome Powell said Tuesday. Powell, testifying before the ...