A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...

January's consumer price index came in hot, with Trump tariffs set to push prices higher. The S&P 500 tumbled on the CPI inflation report.

Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...

Federal Reserve Chair Jerome Powell, appearing for a second day of testimony before Congress, said central bank officials remain in a wait-and-see mode when it comes to deciding where interest rates ...

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump's calls for lower interest rates won't lead the ...

Follow live updates as the Senate votes on Tulsi Gabbard's nomination. The House DOGE subcommittee, led by Rep. Marjorie ...

President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed tariffs could at least temporarily increase costs.

The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed.

President Trump said that interest rates should come down earlier Wednesday. Officials have said they are in no rush to cut ...

House Financial Services Committee Ranking Member Rep. Maxine Waters, a Democrat from California, urged Federal Reserve Chair ...

The president's post came only a half hour before the Labor Department reported that inflation climbed last month.