The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate ...
President Trump has a lot to say about FOMC chairman Jerome Powell—and yet it seems he won't take his fight directly to the ...
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
Tedeschi's chart shows that when taken literally, Trump's campaign proposals could increase the average effective tariff rate ...
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
After Trump issued an executive order on Jan. 20 ending DEI programs across the federal government, the Fed took down pages ...
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay ...