U.S. inflation accelerated last month, unwelcome news that make lower interest rates less likely any time soon.

Donald Trump has beckoned the Federal Reserve to slash the federal funds rate, evidently out of fear that current monetary policy will obstruct his imminent imposition of widespread tariffs. Jerome ...

Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...

Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...

Jerome Powell has served on the Federal Reserve Board (FRB) since May 25, 2012. He has been Fed chair since Feb. 5, 2018, and was approved for a second term in May 2022 under President Biden.

Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.

Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial ...

Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives and the public that they may be waiting longer than they had thought for ...

Inflation increased by 0.5 per cent in January from a month earlier, while core inflation rose by 0.4 per cent. Read more at ...

Donald Trump on Wednesday morning dismissed a hotter-than-expected inflation report as 'Biden inflation' after making another ...