Consumer prices rose just 2.4 percent in March from a year earlier, the Labor Department said Thursday. Economists warned ...

A trade war ties the Fed’s hands by pushing up inflation at the same time that uncertainty is sapping growth.

The Federal Reserve is now under growing pressure to cut interest rates and pump cash into the financial system at its next ...

Presented by National Council on Aging{beacon}Trump pressures Powell; Dow drops 2k points President Trump and Federal Reserve ...

"While tariffs are highly likely to generate at least a temporary rise in inflation, it's also possible the effects will be ...

Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.

ARLINGTON, Va. (AP) — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth ...

Now, with the economy at a crossroads after President Donald Trump kicked off a trade war with his tariff announcement on ...

Powell said the Fed faces a "highly uncertain outlook" because of the new reciprocal levies the president announced Wednesday ...

But the more surprising news came at Fed Chair Jerome Powell's post-meeting press conference, where he answered a number of questions regarding the Fed's expectations for inflation, interest rate ...

Fed Chair Jerome Powell may have surprised investors with some of his comments at the press conference following the Fed's March meeting. When discussing how Trump's tariffs will impact inflation ...

It came from Fed Chair Jerome Powell, who told reporters Wednesday his "base case" is that higher inflation stemming from President Trump's tariffs will be "transitory" — reviving memories of ...