The US Dollar Index jumped after January CPI data surprises to the upside, fueling expectations of higher rates for a longer ...

The US Bureau of Labor Statistics will release the January 2025 Consumer Price Index (CPI) data on February 12 at 8:30 AM ...

Powell defended the central bank’s independence from elected lawmakers’ desires. “Research over many, many years…shows that ...

A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...

Federal Reserve Chair Jerome Powell says the US has made progress toward 2% inflation but isn't quite there yet during a House Financial Services Committee hearing.

U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve’s message that it was in no rush to resume cutting interest rates amid growing uncertainty over the ...

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...

The US central bank “will make decisions about interest rates as we go,” Fed chair Jerome Powell said this week.

Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

House Financial Services Committee Ranking Member Rep. Maxine Waters, a Democrat from California, urged Federal Reserve Chair ...

Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on monetary policy.