The US Bureau of Labor Statistics will release the January 2025 Consumer Price Index (CPI) data on February 12 at 8:30 AM ...

Powell defended the central bank’s independence from elected lawmakers’ desires. “Research over many, many years…shows that ...

Inflation also worsened on a monthly basis, with prices jumping 0.5% in January from December, the largest increase since ...

In House testimony Wednesday, Federal Reserve Chair Jerome Powell said a proposal to ease capital requirements for U.S. banks could also improve the functioning of the all-important U.S. Treasury ...

Israel’s defense minister says “all hell will break loose” if Hamas does not release three hostages as planned this weekend.

President Donald Trump pledged to reduce prices in last year’s campaign, though most economists worry that his many proposed ...

Dow Jones dived after hot inflation data in the stock market today. Nvidia partner SMCI soared. Fed Powell continued his ...

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions ...

Fed Chair testifies before House committee U.S. Federal Reserve Chairman Jerome Powell will testify before the House ...

The House Financial Services Committee will hold a hearing Wednesday morning on “The Federal Reserve’s Semi-Annual Monetary Policy Report.” ...

Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...

The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% ...