Inflation rose slightly in October in line with economists' expectations, as the consumer price index was up 2.6% from a year ago and 0.2% compared with last month.

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 ...

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

Paramo said criticism from political leaders can undermine central bank efforts to tame inflation even if they stop short of ...

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

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 ...

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 ...

President-elect Donald Trump beat banker predictions to surpass Vice President Kamala Harris on his way back to the White House, leaving many surprised but hopeful for a relaxed regulatory environment ...

President-elect Donald Trump’s return to the White House already carried the potential for sweeping changes to the Federal ...