Federal Reserve Chair Jerome Powell blamed President Donald Trump’s tariffs for inflation increasing on a number of everyday goods during a televised briefing on Tuesday afternoon. “Total PCE prices ...

The main reason Americans are upset about the economy: They are still adjusting to high prices that surged during years of runaway inflation that took place during former President Joe Biden’s term.

The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ...

The Federal Reserve on Wednesday lowered interest rates for the second time this year in a continued bid to prevent unemployment from surging. But another rate cut at the next meeting in December “is ...

Inflation has picked up in recent months alongside a hiring slowdown. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third interest ...