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The June data still reflects only the initial impact of Mr. Trump’s global trade war. Economists expect price pressures to intensify over the coming months, especially if new tariffs the president has ...
Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several ...
Kevin Warsh, once known for fighting interest rate cuts with everything he had, now wants them. And he wants them fast. In an interview on Fox News, Kevin made it clear that the Federal Reserve needs ...
The Federal Reserve’s political independence — the sense that the world’s most powerful central bank makes decisions based on ...
Kevin Hassett is toadying hard to win the president’s favor. But don’t count out Kevin Warsh or Scott Bessent just yet in ...
So it must be that the “Epstein Files,” whatever they are, aren’t as helpful to Donald Trump and his conspiracy sniffer dogs as they’d hoped. Perhaps even unhelpful. Mr. Powell’s architectural ...
The Labor Department’s consumer price index for June is expected to show that overall inflation rose 2.6 percent from June 2024. That’s up from a 2.4 percent pace in May.
WASHINGTON — Federal Reserve Chair Jerome Powell has asked an inspector general to review the cost of the central bank's ...
Donald Trump has found a new angle to attack Federal Reserve Chairman Jerome Powell and potentially replace him ...
Kevin Hassett, President Donald Trump’s longest-serving economic adviser, is a leading contender to become the next Federal ...
Fannie Mae and Freddy Mac Chairman William Pulte issued a similar statement amid reports that Powell was considering his resignation.