Consumer prices increased 2.4% in May compared with a year earlier. The data point is better than expected, but does not suggest immediate interest rate cuts ...

President Donald Trump kept up his pressure campaign on Federal Reserve chairman Jerome Powell as rumors swirl about his possible ouster.The president hailed May's Consumer Price Index (CPI) report ...

A lower-than-expected increase in inflation last month shows that the impact of the Trump administration's tariffs on the U.S ...

Paul Tudor Jones said President Donald Trump is likely to appoint an “uber dovish” Federal Reserve chair to accommodate his growth agenda, contending that Treasury Secretary Scott Bessent would likely ...

VOO upgraded to a buy with improving political clarity, trade deals, tax cuts, and easing Fed policy poised to boost markets.

Vice President J.D. Vance said the Federal Reserve is committing "monetary malpractice" for not cutting rates. In a post on X, Vance argued that the soft May CPI data gave the Fed room to ease. He ...

A cooler-than-expected inflation reading from May is not likely to shake the view of most Federal Reserve policymakers that ...

The U.S. Consumer Price Index released on Wednesday showed May inflation ticking slightly higher, rising 2.4%.

US inflation rose less than expected to 2.4 per cent in May, even as President Donald Trump’s trade war fuels price pressures. Wednesday’s annual consumer price index figure was below the 2.5 per cent ...

The Bureau of Labor Statistics has released the US inflation numbers for May 2025. The annual inflation rate in the US ...

Economists expect inflation to have jumped slightly in May, registering year-over-year price increases of 2.4%. That would mark an increase from an inflation rate of 2.3% over the year ending in April ...

Scott Bessent and Kevin Warsh are frontrunners to succeed Jerome Powell as Fed Chair, with Trump set to decide soon.