Economists say tariffs will make it harder for the Fed to lower interest rates — unless the U.S. economy enters a recession.

Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...

A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...

President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...

Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.

U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...

Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy.

Inflation also worsened on a monthly basis, with prices jumping 0.5% in January from December, the largest increase since ...

The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...