News

Why won’t the Fed cut rates in July? Its favorite inflation gauge is telling it not to.

The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...

Powell under siege as Fed conference kicks off

Federal Reserve Chair Jerome Powell is facing pressure from all sides as the Fed’s banking regulation conference kicks off ...

Fed's inflation fears start to be realized with June CPI increase

Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher.

Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing

The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...

Bessent: The Trump administration should look into the Fed’s ‘many mistakes’

Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially ...

A weak housing market could deliver rate cuts and rescue the Fed from Trump

"Toward the end of the year, the housing market may become a bigger deal for inflation than tariffs," Comerica Bank chief ...

Trump, And Future Presidents, Will Battle The Fed Until It Reforms

Until our central bank changes the way it operates, fights between the Fed and the White House will ever be with us.

Fed’s Kugler Says Tariff-Driven Inflation Should Leave the Fed on Pause

Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade ...

If You Like 35 Percent Inflation, Go Ahead, Fire the Fed Chair

Indeed, the only guaranteed path for Mr. Trump to get lower interest rates is slower inflation or a weaker job market. Right ...

Treasury Secretary Bessent bashes Fed 'fear mongering' over tariffs and says central bank should be reviewed

US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...