News

U.S. inflation may have worsened last month as Trump’s tariffs start to bite
Inflation likely accelerated in June as sweeping tariffs on nearly all imports may have pushed up prices for electronics, appliances, and other goods, economists forecast.
Fed official reveals why America's economy remains 'really healthy' despite holding off on rate cuts
Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the ...
Inflation Expected to Creep Up in Latest Consumer Price Index as Trump Continues the Pressure on the Fed
The president is heaping criticism on Fed Chairman Jerome Powell as markets await the latest inflation numbers.
Earnings, inflation, and the trade war — it's about to be a big week for markets
Bank earnings, inflation, and new crypto regulation are some of the things on the investors' radar this week.
A Hazy Inflation Outlook Divides the Fed
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.
Trump urges rate cuts to boost savings, but Fed says economy is strong
Economic experts say the Federal Reserve is unlikely to cut rates despite President Donald Trump's demands due to uncertainty ...
Fed Chair Powell's finally fighting back as the White House looks to fire him "for cause"
The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work?
US consumers happier about finances, expect stable inflation, New York Fed says
Americans' outlook on inflation was little changed last month as households upgraded their views on the state of their ...
Fed Minutes Show Policymakers Split on How Tariffs Might Impact Inflation
The emerging divide among Federal Reserve officials over the outlook for interest rates is being driven largely by differing ...