The latest reading of the Federal Reserve's preferred inflation gauge showed prices rose on a monthly basis but dropped year ...

Kevin Hassett, a key economic adviser to President Donald Trump, said that he will hold regular lunch meetings with Fed Chair ...

Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept ...

U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as unflappable Federal Reserve chief Jerome Powell sat for a second day on ...

Copyright 2025 The Associated Press. All Rights Reserved. Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee during ...

Economists agree that presidents’ influence on prices is fairly limited. But that doesn’t stop politicians from trying to ...

A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...

Federal Reserve Chair Jerome Powell repeated on Wednesday ... of rate hikes and the subsequent decline in inflation. More Federal Reserve:Powell says Fed not 'in a hurry' to cut interest rates ...

No change in interest rates is expected when the Federal Open Market Committee is scheduled to set rates again on March 19.

Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial progress toward taming inflation, there is still more work to do. “I ...

The President calls for easier money even though consumer prices keep rising. Does he want even higher prices?