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Economists warned that a barrage of new U.S. tariffs could trigger a renewed bout of inflation. So why aren't prices surging?
At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes dropped a sharp 0.4%. Both figures were distorted by one-time changes: ...
Federal Reserve Bank of San Francisco President Mary Daly said she’s seeing increasing evidence that tariffs may not lead to ...
The Federal Reserve's preferred measure of inflation moved further from its 2% target, underscoring the central bank's reluctance to cut rates.
Powell's testimony largely reiterates the central bank's most recent policy statement approved last week when Fed officials ...
Lawmakers on Capitol Hill spent two days grilling Federal Reserve Chair Jerome Powell on when the American people will know ...
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