Core CPI, which excludes volatile food and energy prices and is seen as a better measure of underlying inflation trends, was ...

Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts ...

Jerome H. Powell, chair of the Federal Reserve, has made clear that pre-emptive interest rate cuts are not appropriate for ...

A 63% majority of respondents to the CNBC Fed Survey believe across-the-board 10% tariffs will likely remain on all U.S. imports after the completion of new trade deals. Strong majorities see tariffs ...

Inflation fell in 2023 and 2024 from the 40-year high of 9.1% hit in June 2022. The Federal Reserve finally saw inflation cool enough in 2024 to cut short-term interest rates three times — a ...

(Reuters) -Traders on Wednesday kept bets on Federal Reserve rate cuts this year after Fed Chair Jerome Powell said the U.S. central bank is well-positioned to wait for greater clarity before ...

A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused ...

CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!" When Powell was asked last year whether he would resign if Trump asked him to do so, the Fed chair flatly replied, "No." Get a brief on the ...

“We are seeing that two-year rates are now below fed-funds rates. So that’s a market signal that they think the Fed should be cutting,” Bessent said in an interview on Fox Business Network's ...

But with inflation still a wildcard and the Federal Reserve holding off on any clear rate cuts so far in 2025 ... others hint they might creep back up — and that uncertainty is putting borrowers ...