Federal Reserve Chair Jerome Powell was grilled by U.S. lawmakers Tuesday about when the central bank will resume its interest rate cutting campaign after pausing last month amid elevated inflation ...

January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.

Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead ...

U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as ...

A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...

The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...

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

WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment ...

President Donald Trump on Wednesday said that interest rates should be lowered and that would go "hand in hand" with his ...