The fight against inflation continued to face headwinds in January, with consumer prices rising more than expected.
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a disappointment for families and ...
President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...
President Donald Trump made a rare appearance with Elon Musk, his most powerful adviser, in the Oval Office before signing an ...
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.
The sharp increase in consumer prices in January leaves the Federal Reserve in a holding pattern. The trend in inflation actually got worse at the start of the new year and gives the central bank ...
Consumer prices rose sharply in January, underscoring why the Federal Reserve is in “no hurry," in the words of its chairman, to cut U.S. interest rates again. The consumer-price index rose a stiff 0.
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.