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Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
P resident Donald Trump responded to the acceleration of consumer price inflation with a renewal of his demand for the ...
The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this ...
Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
Indeed, the only guaranteed path for Mr. Trump to get lower interest rates is slower inflation or a weaker job market. Right ...
Trump claimed that it was former President Joe Biden who appointed Powell to be head of the Federal Reserve. However, Powell ...
While generally saying the labor market remains solid and inflation elevated but showing progress toward the Fed’s 2% annual ...
Trump’s attacks on Powell and the Fed more generally are damaging, say experts, because investors expect the Fed to operate ...
Excluding the volatile food and energy categories, core inflation increased 2.9% in June from a year earlier, up from 2.8% in ...
Federal Reserve Chair Jerome Powell defended the bank's $2.5 billion headquarters renovation budget amid feud with Trump over ...
Trump urged the Federal Reserve to lower interest rates to 1%, but economists argue this could backfire, risking inflation & ...
Consumer prices rose 2.7% in June from a year earlier, the Labor Department said Tuesday, up from an annual increase of 2.4% ...