US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.
President Donald Trump has called for interest rates to come down and escalated his criticism of the Federal Reserve chair, Jerome Powell, after this week's policy meeting. But the president ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...
The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.
What’s remarkable is that the Federal Reserve hasn’t yet needed to get involved in any of them. Enjoy the calm while it lasts. I think it’s a good bet that what we are seeing is a rare ...
The memo, sent by Youngkin’s chief of staff John Littel Tuesday, acknowledges that some aid portals were briefly shut down as federal agencies scrambled to implement Trump’s executive orders.
Commissions do not affect our editors' opinions or evaluations. The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis and a ...
The Federal Reserve held interest rates steady on Wednesday after price increases ticked up over the last three months, suggesting inflation may still have some life in it. Central bankers held rates ...
The surprising strength of the U.S. jobs market and the stickiness of inflation have led economists to mull what was once unthinkable — a possible interest rate rise by the Federal Reserve this ...
The pair peaked at 1.2525 on Monday and then dropped to 1.2425 ahead of the Fed interest rate decision. Top Forex Brokers1 Get Started 74% of retail CFD accounts lose money federal Reserve and ...
A federal judge has temporarily halted the Trump administration's freeze on federal grants and loans, minutes before the wide-reaching directive was set to go into effect A federal judge has ...
CHAPIN, S.C. (AP) — Changeover among federal government agencies is normal when a new administration comes to Washington, with presidents regularly dismissing appointees selected by predecessors ...