News

The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor ...
Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...
What Powell said was that tariffs could cause a “delay … at least for the next, let’s say, year” in the Fed’s progress toward ...
Fed Chair Jerome Powell kicked off his post-meeting press conference by saying the central bank remains “squarely focused” on ...
Vice President Vance praised Federal Reserve Chair Jerome Powell as a person during a recent interview but argued he has been ...
The Fed on Wednesday kept short-term borrowing costs in the 4.25%-4.50% range, where they have been since December.
Fed Chair Jerome Powell said the Trump administration’s tariff increases were “significantly larger than anticipated,” but ...
Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...
Vice President JD Vance said Federal Reserve Chair Jerome Powell has been slow to deal with inflation and helping with trade ...
“We may never face it, but we have to keep it in our thinking now,” Powell said.
Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...
An inflation slowdown in this week's CPI report may be partly caused by an unlikely factor: tariffs. They're pushing down prices by dampening demand ...