News

Inflation At 2.7%—Higher Than Expected And Over Fed’s Goal
Inflation inched up more than expected last month, according to Commerce Department data released Friday morning, as Wall ...
Trump has ramped up pressure on Fed Chair Powell to cut rates. There's one big reason it probably won't work.
Trump has been highly critical of Fed chair Powell for not cutting rates. Some see Trump's pressure campaign against the ...
Tuko on MSN5h
Trump slams US Fed chair Powell as ‘stubborn mule’ after mild inflation rise and consumer spending dip
The US Federal Reserve’s preferred inflation measure logged a mild uptick yesterday while spending weakened, triggering ...
Donald Trump unleashes tirade on Jerome Powell: "Very dumb, hardheaded"
President Donald Trump has called for the Federal Reserve to cut the benchmark interest rate by as much as three points.
Trump appointee at Fed doubts tariffs will fuel inflation and aligns himself with president’s vocal backing for interest-rate cuts
Are worries about inflation caused by President Donald Trump’s tariffs on imported goods overblown? Federal Reserve governor ...
Inflation ticked up to 2.3% in May in gauge watched by Fed
Inflation rose two tenths of a percentage point to 2.3% for the year ending in May, the Bureau of Economic Analysis reported in an update to the personal consumption expenditures index, the metric ...
Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism
The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism ...
Elizabeth Warren Blames Trump's 'Dumb Trade War' For Fed's Grim Outlook: The President Is 'Standing In The Way Of Lower Rates And Lower Costs'
Sen. Elizabeth Warren (D-Mass.) is placing the blame for the Federal Reserve’s increasingly grim economic outlook on ...