News

The U.S. dollar rose on Tuesday, but remained within sight of Friday's lows, with the market still consolidating after a weak ...
The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...
Prices could tick higher in 2025 as businesses pass tariff costs on to consumers, Cleveland Fed's Beth Hammack tells CBS News.
For the moment, demand is adequate and unemployment is low. This makes the White House’s view — that tight money is ...
Federal Reserve keeps interest rates high despite rise in unemployment and economic concerns. Decision unnecessarily ...
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
U.S. President Donald Trump said on Tuesday he will decide on a nominee to fill a coming vacancy on the Federal Reserve's ...
The price index was the latest indication that President Trump’s tariffs are beginning to show up in consumer prices.
The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...
Minneapolis Fed President Neel Kashkari sees the economy cooling enough to require a response from the Federal Reserve, he said in a broadcast interview on Wednesday. With the labor market cooling, ...
High interest rates are effectively a hidden tax on everyday life. When the Fed holds rates at elevated levels, it drives up ...
Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...