WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
CPI data will make the Federal Reserve more cautious about inflation risks, with more Fed watchers saying the central bank ...
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
The Trump administration has halted the work of the Consumer Financial Protection Bureau. Here's what that agency does, and ...
Atlanta Federal Reserve President Raphael Bostic said on Wednesday it is not clear when the Fed can cut interest rates again ...
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Consumer price inflation reared its ugly head to start the year, dashing hopes for the Fed to lower borrowing costs anytime soon.
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on monetary policy.