US President Donald Trump renewed his clash with Federal Reserve Chair Jerome Powell after new data showed hiring slowed last ...

Powell reiterated the Fed's commitment to a 2% inflation target, calling anchored inflation expectations "critical to ...

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.5% year-over-year in April, marking the lowest level ...

Economists had expected the personal consumption expenditures index to tick down slightly to 2.2% from the month before.

Several economists in recent months have said import levies imposed by the Trump administration will probably spur inflation ...

Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday. “We face a highly uncertain ...

Recent economic trends point to the possibility that the Federal Reserve will have to grapple with sudden shocks to the supply of goods and commodities in the coming years.

In written remarks delivered in Arlington, Virginia, Powell said that the tariffs and their impacts on the economy and inflation are "significantly larger than expected." He also said that the ...

Federal Reserve Chair Jerome Powell said Friday that he expects President Donald Trump's tariffs to raise inflation and lower growth, and indicated that the central bank won't move on interest ...