Donald Trump on Wednesday morning dismissed a hotter-than-expected inflation report as 'Biden inflation' after making another ...

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

House Financial Services Committee Chair Rep. French Hill, a Republican from Arkansas, began Wednesday’s hearing by ...

President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed tariffs could at least temporarily increase costs.

Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.

Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...

President Donald Trump on Wednesday blasted Federal Reserve Chair Jerome Powell and the U.S. central bank on Truth Social, saying their failures created with Inflation and that they have done a ...

Jerome Powell was first nominated to the role by former President Donald Trump in November 2017 and re-nominated for a second term by President Biden in November 2021. Powell worked as assistant ...

Jerome Powell has served on the Federal Reserve Board (FRB) since May 25, 2012. He has been Fed chair since Feb. 5, 2018, and was approved for a second term in May 2022 under President Biden.

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...

But as inflation accelerated in the spring and summer of 2021, Biden delayed appointing Fed Chair Jerome Powell to a second term, and the Fed continued to print money. Coincidence? Inflation ...