News

The central bank is on a path to hold steady, reaffirming the view that the economy is in strong enough shape for ...
The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...
Unexpectedly solid job gains in June bolstered the case for the Federal Reserve to keep interest rates on hold to keep ...
Officials at the Federal Reserve believe the impacts of Trump’s tariffs on the economy will start to appear this summer.
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...
The U.S. is likely facing a period of elevated inflation that risks seeping into consumer psychology, with companies likely ...
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
Director of the National Economic Council Kevin Hassett told "Special Report" host Bret Baier he has "high confidence" ...
Federal Reserve Chair Jerome Powell on Wednesday said the US central bank is still struggling to determine the impact of ...