Jerome Powell gambles he won’t have to raise rates in Trump’s term.

Ironically, if Donald Trump does nothing, he could get credit for lower inflation. But some of his economic plans could drive ...

"I'm a little worried that the Fed has declared victory too early," the billionaire investor said on a Norges Bank podcast.

Federal Reserve Chair Jerome Powell said Thursday that inflation data show that the U.S. has made “significant progress” on bringing down inflation down the bank’s 2% target. The Federal Reserve’s ...

As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has ...

The Fed has long guarded its status as an independent institution able to make difficult decisions about borrowing rates, free from political interference. Yet during his previous term in the White ...

The Federal Reserve’s preferred inflation gauge showed price pressures cooled last month, rising 2.1% in September from a year earlier. The personal-consumption expenditures price index ...

You may have heard that inflation is cooling. This is welcome news to Americans struggling to afford food, rent and utilities ...

U.S. consumer inflation got closer to the Federal Reserve’s 2% target in September 2024 when year-on-year total Personal ...

The Federal Reserve Open Markets Committee concluded its two-day meeting today and cut its influential benchmark rate. Follow along for live updates.

But low unemployment and strong job growth have a downside: A robust job market can drive higher inflation, setting the Federal Reserve on a course to try to reduce it — which can mean a longer ...

Most central banks of the Gulf Cooperation Council (GCC) cut key interest rates on Thursday, following the Federal Reserve's ...