Trump has been highly critical of Jerome Powell this year, pressuring him to cut rates. The Fed Chair has said he's awaiting ...

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.

The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...

Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.

Inflation surged to 2.7% in June, the highest since February, driven by tariffs on goods like furniture and appliances ...

Inflation rose by three tenths of a percentage point to 2.7% for the year ending in June, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index. Forecasters had ...

Trump recently summed up his approach when talking to reporters about trade talks with other countries. “They don’t set the deal," he said. "I set the deal.” ...

JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...

The tariff-driven inflation that economists feared begins to emerge after President Donald Trump's sweeping moves.

JPMorgan Chase & Co. Chief Executive Jamie Dimon on Tuesday reiterated praise for Fed Chairman Jerome Powell, who has come under fire from President Donald Trump for holding interest-rates steady ...

Treasury Secretary Scott Bessent confirmed on Tuesday that the administration was formally vetting a replacement for Federal Reserve Chairman Jerome Powell amid reports that he was mulling his ...

The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove ...