Joseph Lavorgna, counselor to Treasury Secretary Scott Bessent, believes tariffs are not inflationary and says economists who ...

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...

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

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

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

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

Austan Goolsbee joined co-hosts Gunjan Banerji and Telis Demos to discuss the economy, inflation, tariffs, trade wars and the Federal Reserve's approach to monetary policy. The Chicago Fed president ...

Credibility, once shaken, is harder to restore than interest rates are to adjust. In the near-term, monetary easing will ...

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

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

Donald Trump "has repeatedly embarrassed the panicans who predicted doom and gloom," a White House spokesman said of the president's first six months in office.

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