Federal Reserve Chair Gives Update on US Bank Accounts Amid Trump's Orders
Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.
Inflation picked up in January. Here's what it means for your money.
Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily.
Why Bitcoin Will Make The Banks Great Again
Now consider bitcoin: much like these scarce precious metals, bitcoin is now widely regarded as “digital gold,” including by ...
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
Watch Fed Chair Powell speak live before House Financial Services Committee
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...
Elizabeth Warren to Elon Musk: ‘You Don’t Get to Slither Around in the Dark’
The Massachusetts senator decries Trump’s vandalism of the Consumer Financial Protection Bureau and Musk’s “Mount Everest of ...
US inflation comes in higher than forecast as Fed mulls Trump tariff threat
Hopes for further Federal Reserve interest rate cuts were dealt a blow on Wednesday after data showed US inflation rose by more than economists expected in January.
Trump administration live updates: Tulsi Gabbard set for confirmation vote; DOGE panel holds hearing
Follow live updates as the Senate votes on Tulsi Gabbard's nomination. The House DOGE subcommittee, led by Rep. Marjorie ...
A Digital Dollar From the Fed? Not On Jerome Powell's Watch
Federal Reserve Chair Jerome Powell said the central bank will not launch its own digital currency while he is in charge of the central bank.
Trump calls for lower interest rates to go 'hand-in-hand' with tariffs: 'Lets rock and roll, America'
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...