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The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...
Former Federal Reserve Chairs Ben Bernanke and Janet Yellen condemned President Trump’s pressure campaign against its current chief, Jerome Powell, warning it could permanently damage the U.S.
In a wide-ranging interview with Yahoo Finance Federal Reserve Reporter Jennifer Schonberger, Chicago Fed President Austan ...
Federal Reserve Gov. Christopher Waller on Thursday called for the central bank to cut interest rates in July. Waller said ...
Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially holding back the US economy, which is “on the cusp” of growth that could equal ...
Chicago Fed President Austan Goolsbee joins WSJ’s Take On the Week to discuss the economy, inflation, tariffs and AI.
Inflation has fallen dramatically since 2022, from 9% to just under 3%, getting closer to the Fed’s target of 2%. It was a tough time for small ...
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
Treasury Secretary Scott Bessent said during a Monday interview on CNBC that we should examine whether the institution of the ...
Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher.
New economic data shows inflation ticked higher in June to 2.7%, prompting many economists to agree with Federal Reserve Chair Jerome Powell’s decision to keep interest rates steady. President Trump ...
Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade ...