U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024. The employment cost index (ECI) ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
President Donald Trump’s most controversial Cabinet nominees — Robert F. Kennedy Jr., Tulsi Gabbard and Kash Patel — flooded the zone Thursday in back-to-back-to-back confirmation hearings that were ...
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.
Many of the executive actions related to bitcoin and crypto were wish-list items the industry has been pushing for.
Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...
Fed kept its key interest rate on hold in a range between 4.25-4.5%, following three consecutive cuts. TD Asset Management's Scott Colbourne discusses the decision and market implications.
President Trump has a lot to say about FOMC chairman Jerome Powell—and yet it seems he won't take his fight directly to the ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...