Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
President Donald Trump has once again called for lower interest rates, arguing that a rate cut would align with his ...
Inflation worries were re-ignited after consumer prices rose faster than expected in January, with Wall Street experts ...
Consumers are seeing no relief from high prices as shelter, transportation and food costs drove inflation in January.
The president's post came only a half hour before the Labor Department reported that inflation climbed last month.
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in December. Forecasters had expected inflation to slow down, but prices for food, ...
Wall Street opens sharply lower on hotter inflation data; House subcommittee hearing on Elon Musk’s DOGE underway on Capitol ...
Consumer prices rose as expected last month, indicating the pace of inflation remained unchanged in January after ...
Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid ...
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed.