The latest inflation report shows that high prices are Trump's major economic challenge
Wednesday's consumer price index report showed that inflation is punching back — and Trump could end up facing the same ...
Donald Trump Blames Biden For Hot Inflation Data As Fed Chief Jerome Powell Grilled On Capitol Hill
U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as ...
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Powell Testimony, Inflation Data, McDonald’s Earnings: What to Watch This Week
Jerome Powell, the Federal Reserve chair, will testify on Capitol Hill. (Alexandra Citrin-Safadi/WSJ) Federal Reserve Chair Jerome Powell heads to Capitol Hill this week for two days of ...
Powell says Trump's comments won't affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions. “People can be confident that ...
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Facing unknowns on taxes, tariffs and inflation, Powell sees no rush to cut rates
Federal Reserve chair Jerome Powell reiterated the central bank is in no rush to cut interest rates with inflation still ...
Markets trim Fed rate cut bets following hot inflation report
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
USD/JPY ticks higher to near 152.00, Fed Powell’s testimony in focus
The USD/JPY pair inches higher to near 152.00 in Tuesday’s European session but trades inside Monday’s trading range, which ...
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Federal Reserve's Jerome Powell says there's no need to rush on interest rate cuts
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair tried to steer clear of politics.