Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...
Oil futures looked to post a loss Wednesday, their first in four sessions, after official U.S. data revealed a third straight ...
Federal Reserve Chair Jerome Powell, appearing for a second day of testimony before Congress, said central bank officials remain in a wait-and-see mode when it comes to deciding where interest rates ...
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 ...
The president's call for monetary policy easing marks a shift from earlier remarks calling the Fed's January hold "the right ...
Federal Reserve Chair Jerome Powell said Wednesday’s inflation report offers the latest reminder that the central bank has made “great progress” towards bringing inflation closer to its goal but, ...
Oil prices fell more than 1% a barrel on Wednesday, on track to end three days of gains after data showed U.S. crude stockpiles rose by more than expected ...
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.
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed.
Rep. Frank Lucas, a Republican from Oklahoma, asked Powell about the issues that the Fed will be examining during its ...
President Trump said that interest rates should come down earlier Wednesday. Officials have said they are in no rush to cut ...
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