Federal Reserve Chair Jerome Powell had mentioned last week that the road to 2% inflation would not be a straight line. "We expect there to be bumps," Powell said, at his press conference last week.

Dana Peterson, Chief Economist at The Conference Board, discusses the potential impact of the tension between President-Elect ...

WASHINGTON (AP) — Annual inflation may have risen in October for the first time in seven months, a sign that price increases ...

Senator Elizabeth Warren of Massachusetts is set to become the top Democrat on the Banking Committee, a prominent position ...

The U.S. government is set to release new inflation data on Wednesday, offering a fresh look at price increases little more ...

While Trump hasn’t directly called for abolishing the Fed, he’s clear about wanting to reshape its role, even suggesting that ...

Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...

In an absolutely extraordinary moment the central bank’s governors vow to re-elect Jerome Powell chairman of our central bank ...

Bank of America CEO weighed in on the incoming Trump administration and the challenges ahead for the Federal Reserve.

Two days after Donald Trump became the first American since Grover Cleveland to win nonconsecutive presidential elections, the Federal Reserve announced a ...

Sen. John Fetterman, D-Pa., speaks at a campaign rally for Democratic presidential nominee Vice President Kamala Harris at Erie Insurance Arena, in Erie, Pa., Monday, Oct. 14, 2024. (AP ...

Elon Musk, a key Trump backer who is expected to have considerable sway in helping shape Trump's policies, included a "100" ...