On Friday the president repeated his criticism of Powell and said the Fed's policy rate should be 1 per cent, a low level ...

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...

Economist Steve Moore explained on Fox Business Thursday how President Donald Trump’s policies have contributed to a ...

CPI inflation rose faster than expected, aligning with forecasts for higher inflation in the coming months. Check out what ...

What is clear is that the current 4.33% median Fed funds target rate remains well above the inflation trend. Even after the ...

The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to cement a decision by the central bank to stand pat at its next meeting at ...

Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher.

U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher ...

Powell has consistently resisted political pressure from Trump to lower interest rates. And CPI data supports his right to do ...

The Federal Reserve’s preferred inflation gauge rose 2.5% in June from a year earlier. The personal-consumption expenditures price index, or PCE, was in line with the expectations of economists ...

Waller predicts that PCE inflation will rise by three-tenths of a percent to 1% in 2025, assuming a permanent increase in ...