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Federal Reserve Chairman Jerome Powell on Wednesday announced that interest rates will remain unchanged amid ongoing pressure ...
President Trump escalated his criticism of Federal Reserve Chairman Jerome Powell a day after the central bank kept rates on ...
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...
WASHINGTON—Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to President Donald Trump’s frequent demands that he cut interest rates, even as signs of ...
With a Friday deadline looming, President Donald Trump approves new tariffs on Brazil and copper, pressuring nations to ...
The price index was the latest indication that President Trump’s tariffs are beginning to show up in consumer prices.
Now even a September interest-rate cut is in serious doubt. Odds of at least a quarter-point cut through the Fed’s Sept. 17 meeting were down to 39.1% on Thursday, which compares to 60.8% a week ago, ...
In the spring semester of 1972, I was a college sophomore who had just changed my major to accounting. As part of that change, I took my first economics course. […] ...
Inflation posts biggest rise in four months, PCE shows. Tariffs may be filtering into prices. Will the Fed still cut interest rates in the fall?
If inflation continues to edge up, it could give Fed officials further pause. A stable or softer reading could aid in the ...
Inflation rose three-tenths of a percentage point to 2.6% for the year ending in June, the Bureau of Labor Statistics reported Thursday in an update to the Federal Reserve’s preferred gauge.
Economist outlines what meeting ‘double-feature’ told us about how central bank leaders are viewing impacts to inflation, GDP ...