Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives ...

U.S. Federal Reserve Chair Jerome Powell walks to testifying before a Senate Banking, Housing and Urban Affairs Committee ...

Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...

Federal Reserve Chair Jerome Powell refused to testify in Congress on President Trump's remarks about the Fed's ability to ...

Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to ...

Powell defended the central bank’s independence from elected lawmakers’ desires. “Research over many, many years…shows that ...

In his congressional testimony on Tuesday, Powell said, “Inflation has moved much closer to our 2 percent longer-run goal, ...

Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

U.S. inflation climbed to 3% in January, up from 2.9% in December, driven by higher grocery, gas, and rent prices. The ...

U.S. stock futures tumbled and the dollar rose on Wednesday after data showed consumer inflation picked up more than expected ...