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US inflation worsened last month with prices for groceries and gasoline heading higher
U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
Fed's Powell heads back to Congress as data shows inflation jump in January
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...
Oil prices down 1% as US crude stocks rise, hawkish Fed comments weigh
Oil prices fell more than 1% a barrel on Wednesday, on track to end three days of gains after data showed U.S. crude ...
Powell Says He Has Had No Contact With Musk, DOGE Staff
Federal Reserve Chair Jerome Powell said on Wednesday that he has had no contact with Elon Musk, who is leading an effort to cut federal spending called the Department of Government Efficiency, or ...
Rep. Waters Urges Powell to Maintain Fed Independence
House Financial Services Committee Ranking Member Rep. Maxine Waters, a Democrat from California, urged Federal Reserve Chair ...
Interest rates should be lowered, something which would go hand in hand with upcoming tariffs, Trump says
"Interest Rates should be lowered, something which would go hand in hand with upcoming Tariffs!!! Lets Rock and Roll, America ...
January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the previous month.
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LIVE: Federal Reserve Chair Jerome Powell to testify before House Committee on Monetary Policy Report
The House Financial Services Committee will hold a hearing Wednesday morning on “The Federal Reserve’s Semi-Annual Monetary Policy Report.” ...