Browsing: Federal Reserve
Federal Reserve Chair Jerome Powell said Monday that policymakers should look past rising energy prices sparked by the war on…
Kevin Warsh, President Trump’s nominee to replace Jerome Powell as Fed chair, has been making the rounds on Capitol Hill…
Wall Street executives are pleading with White House officials including Treasury Secretary Scott Bessent to intervene in the high-stakes drama…
US wholesale prices came in hotter than expected in February. The Labor Department reported Wednesday that its producer price index…
The Federal Reserve on Wednesday voted 11-1 to hold interest rates in the current range as the war in Iran…
An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices were persistently…
As the U.S. enters its fifth year of inflation running above the Federal Reserve’s 2% target, major retailers are responding…
Inflation held steady in February ahead of the war in Iran, though economists are concerned that energy shocks from the…
The average long-term US mortgage rate slipped this week below 6% for the first time since late 2022, good news…
Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year,…