Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...

Watch live coverage as Federal Reserve Chair Jerome Powell testifies before the House Financial Services Committee. Powell told senators yesterday the Fed doesn’t need to rush to cut rates since the e ...

President Donald Trump called for lower interest rates, seeking to raise pressure on the Federal Reserve as he moves to ...

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

Stocks stayed flat Wednesday, except the Russell 2000 falling 0.6%. Higher-than-expected CPI delays rate cuts. Intel rose, ...

Bitcoin drops 1.3% as inflation impacts crypto markets, with CPI surpassing expectations and Fed maintaining restrictive ...

President Donald Trump made a rare appearance with Elon Musk, his most powerful adviser, in the Oval Office before signing an ...

President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.

Consumer prices rose as expected last month, indicating the pace of inflation remained unchanged in January after ...