U.S. inflation ticked up last month as some price pressures persist
Fueled by pricier used cars, hotel rooms and groceries, U.S. inflation rose slightly last month in the latest sign that some ...
Trump Treasury pick reveals whether Fed Chair Powell will finish term
President-elect Trump's pick for Treasury secretary, Scott Bessent, has said Chair Jerome Powell will be allowed to finish ...
Bessent: Powell can serve out remainder of term as Fed chair
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome ...
What to know about the report.
Inflation has been cooling notably after peaking in 2022, but in recent months it has shown signs of stalling.
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November CPI report: Inflation ticks up
The Consumer Price Index rose 2.7% in the 12 months through November — a bigger increase than the prior month — while the core measure that excludes energy and food prices rose 3.3%, the Labor ...
Inflation increased in November, complicating Fed's next rate decision
Fresh inflation data set for release on Wednesday will provide an update on prices ahead of the holidays and help determine ...
US inflation likely edged up last month, though not enough to deter another Fed rate cut
Annual inflation in the United States may have ticked up last month in a sign that price increases remain elevated even ...
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Fed Chair Jerome Powell can serve remainder of term, says Trump's Treasury pick Bessent
Federal Reserve Chair Jerome Powell can finish his term leading the U.S. central bank despite prior insinuations that he ...
Trump's Fed Appointments Could Shift Monetary Policy—But Maybe Not Right Away
President-elect Donald Trump has said he wants more influence over Federal Reserve policy. He recently indicated that he won’t ask Fed Chair Jerome Powell to step down, meaning he may not be able to ...
Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January: Reuters poll
The U.S. Federal Reserve will cut interest rates by 25 basis points on Dec. 18, according to 90% of economists polled by ...
Trump says he won't fire Fed Chair Jerome Powell
President-elect Trump said in an interview that he won't try to fire Federal Reserve Chair Jerome Powell despite his past ...