Once inflation began tapering toward the Fed's goal of 2%, the central bank began cutting interest rates to provide relief to borrowers. However, inflation began creeping up again toward the end of 2024,

President Donald Trump can't wait for Federal Reserve chairman Jerome Powell's "termination," after Chicago speech. Here's what's happening.

Trump also commented on Powell while taking reporters’ questions from the Oval Office later Thursday. After touting lower prices on eggs, groceries, and gas since he took office