Inflation rose last month to its highest level since February as Trump’s sweeping tariffs push up the cost of everything from groceries and clothes to furniture and appliances.

Powell says the Fed wants to see how the economy responds to Trump's sweeping tariffs on imports, which Powell says could push up inflation.

Trump's needling aside, the latest inflation data show that Powell's wait-and-see approach is the exact right tack for today's economic outlook.

Federal Reserve Governor Christopher Waller's comments come as tensions between Fed Chair Jerome Powell and President Donald Trump have reached a boiling point in recent days.

The Environmental Protection Agency (EPA) announced a major staff cut on Friday, citing that the agency’s reorganizational moves are projected to save taxpayers almost three-quarters of a ...

Fed Governor Christopher Waller Calls For 25 Bps Cut In July, Cites 'Stall Speed' Jobs Data—Says Tariff-Driven Inflation Shouldn't Stop Easing As Trump Pressures Jerome Powell ...

A firing of Jerome Powell by President Trump would likely open up a legal war never before seen in the US, without any guarantee of a courtroom victory for the White House.

Want more stock market and economic analysis from Phil Rosen directly in your inbox? Subscribe to Opening Bell Daily’s newsletter. The stock market keeps climbing even though expectations for ...

As a banner declaring “ECONOMY SOARS UNDER PRESIDENT TRUMP,” Fox Business host and former Trump adviser Larry Kudlow tried to con viewers about the economy. After seemingly mild inflation data was ...

FILE PHOTO: U.S. President Donald Trump looks on as Jerome Powell, his nominee at the time to lead the Fed, moves to the podium at the White House ...