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 ...
Fed's rate-cut delay intact as inflation fears override Trump pressure
The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...
Trump says he’s ‘solved the inflation problem.’ The economic data tell a different story.
There are two problems with Trump’s assertion. First, the White House has been unable to identify the survey he keeps ...
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 ...
In the Market-How the ghost of ‘transitory’ inflation is haunting the rate debate
A debate over inflation is once again turning on the question of whether any price rise from Trump's tariffs would be ...
Bernanke, Yellen: Trump’s Fed pressure could fuel inflation
Former Federal Reserve Chairs Ben Bernanke and Janet Yellen condemned President Trump’s pressure campaign against its current ...
Public Broadcasting Service (PBS)7d
How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...
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 ...
Here’s how the Fed’s Renovation budget ballooned to $2.5 billion
No one in office wants to do a major renovation of a historic building during their term in office,” he said in June. But Powell sees the project as necessary. According to the Fed’s information page ...
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 ...