Inflation surged to 2.7% in June, the highest since February, driven by tariffs on goods like furniture and appliances ...

Inflation rose by three tenths of a percentage point to 2.7% for the year ending in June, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index. Forecasters had ...

JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...

The tariff-driven inflation that economists feared begins to emerge after President Donald Trump's sweeping moves.

The Consumer Price Index (CPI) for June came in hotter than May's report as the first signs of Trump's tariffs appeared in ...

JPMorgan Chase & Co. Chief Executive Jamie Dimon on Tuesday reiterated praise for Fed Chairman Jerome Powell, who has come under fire from President Donald Trump for holding interest-rates steady ...

Treasury Secretary Scott Bessent called for Federal Reserve Chairman Jerome Powell to resign as a Fed governor when his ...

The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove ...

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

Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome Powell. "As President Trump said, he's not looking to fire chair Powell," ...