Consumer prices rose 2.7% in June from a year earlier, the Labor Department said Tuesday, up from an annual increase of 2.4% ...

Fed should cut Rates by 3 Points. Very Low Inflation. One Trillion Dollars a year would be saved!!!' US president says after ...

Treasury Secretary Scott Bessent said on Tuesday it would be less confusing for the markets if Federal Reserve Chair Jerome Powell stepped down as a Fed governor at the same time that his term as ...

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.

President Donald Trump continues to angrily rage against U.S. Federal Reserve Chairman Jerome Powell, repeatedly describing him as a "stupid person" and calling for him to be replaced. Trump is ...

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor." ...