Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Trump Blames Powell for Inflation, Says Regulatory Cuts Are the Solution
In a post on Truth Social, President Donald Trump vowed to stop inflation himself with regulatory cuts, increasing energy ...
U.S. inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Powell Says Change in Statement Language on Inflation Isn’t a Signal
Fed Chair Jerome Powell said Wednesday that he continues to look at the overall progress that inflation has made in moving ...
Powell says recent inflation readings were 'good'
Fed Chairman Powell says the central bank wasn't sending a negative message by ditching a line about making progress on lowering inflation in its latest statement. "We just did a little bit of ...
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Trump renews feud with Federal Reserve over inflation, interest
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.