News

Why won’t the Fed cut rates in July? Its favorite inflation gauge is telling it not to.

The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...

Trump says he’s ‘solved the inflation problem.’ The economic data tell a different story.

There are two problems with Trump’s assertion. First, the White House has been unable to identify the survey he keeps ...

Fed's rate-cut delay intact as inflation fears override Trump pressure

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...

Jerome Powell must quit to save the Fed, one prominent economist says

The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege.

Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing

The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...

In the Market-How the ghost of ‘transitory’ inflation is haunting the rate debate

Joseph Lavorgna, counselor to Treasury Secretary Scott Bessent, believes tariffs are not inflationary and says economists who have been predicting that prices would rise due to President Donald ...
Public Broadcasting Service (PBS)7d

How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision

A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...

Fed’s Kugler Says Tariff-Driven Inflation Should Leave the Fed on Pause

Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade ...

Have The Bond Vigilantes Dismissed Tariff-Inflation Risk?

The bond vigilantes, it seems, have taken a chill pill and remain optimistic that inflation will remain tame for the near ...

Treasury Secretary Bessent bashes Fed 'fear mongering' over tariffs and says central bank should be reviewed

US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...

WSJ’s Take On the Week Podcast: Fed’s Goolsbee Talks Tariffs, Inflation and AI

Austan Goolsbee joined co-hosts Gunjan Banerji and Telis Demos to discuss the economy, inflation, tariffs, trade wars and the Federal Reserve's approach to monetary policy. The Chicago Fed president ...