The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserve’s resolve to delay any further interest ...
President Donald Trump made a campaign promise to lower prices on Day One. Well, it’s Day 24, and as anyone who has gone shopping for eggs lately knows: Prices aren’t any lower than they were on ...
US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading. The Dow ...
Federal Reserve Chair Jerome Powell stated that significant progress has been made towards controlling inflation, but ...
The House Financial Services Committee will hold a hearing Wednesday morning on “The Federal Reserve’s Semi-Annual Monetary Policy Report.” ...
Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to ...
Powell defended the central bank’s independence from elected lawmakers’ desires. “Research over many, many years…shows that ...