Lowering interest rates may not be on the table if inflation stays elevated.

It was nice of the Trump administration to so clearly state that the Republican definition of "government waste" is just ...

U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while ...

Inflation eased in June but economists say tariffs, AI-driven demand and renewed fighting between the U.S. and Iran could ...

The news of an improvement in consumer prices in June came as the U.S. and Iran escalated attacks, risking a return to high ...

Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the ...

Fed Chair Kevin Warsh told lawmakers the central bank won't tolerate persistently elevated inflation and will take the steps ...

Stay up to date with our Up First newsletter, sent every weekday morning. Soaring gasoline prices, triggered by the U.S. war with Iran, have pushed inflation to its highest level in more than three ...

(The Conversation) — Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of ...