Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...

Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest ...

U.S. consumer inflation ticked surprisingly higher in January, data indicated Monday, sending stocks sharply lower as price ...

Economists see the core gauge as a better indicator of the underlying inflation trend than the overall CPI that includes often-volatile food and energy costs. The headline measure rose 0.5% from ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...

The Fed has made “a pretty big pivot from focusing on the labor market, which was a concern at the tail end of last year, to now focusing on inflation,” said Anastasia Amoroso, iCapital Network’s ...

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 ...

Consumer price inflation reared its ugly head to start the year, dashing hopes for the Fed to lower borrowing costs anytime ...

Jerome Powell made it clear this week the Federal Reserve is in “no hurry” to cut U.S. interest rates in light of lingering inflation and a strong economy. The January report on consumer prices is ...

After 100bp of rate cuts, Fed Chair Powell suggests policy remains restrictive - even if inflation remains elevated, they ...

Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner ...