While the overall reading on consumer prices was steady, a measure excluding food and energy categories rose to 3.1%.

A fresh reading on inflation showed tariffs are pushing goods prices higher for Americans, creating a dilemma for the Federal ...

Federal Reserve Bank of Richmond President Tom Barkin said uncertainty over the direction of the US economy is decreasing, ...

The data that caused President Donald Trump to fire the head of the Bureau of Labor Statistics because he did not like the ...

WASHINGTON (Reuters) -The very data that caused President Donald Trump to fire the head of the Bureau of Labor Statistics ...

The U.S. dollar ( DXY) held steady on Monday ahead of Tuesday’s deadline for the U.S. and China to strike a tariff deal. The ...

Michelle Bowman, the Fed’s Vice Chair of Supervision, has argued for three interest rate cuts in 2025, citing signs of a ...

At the same time, Minneapolis Federal Reserve President Neel Kashkari indicated that interest rate cuts may be necessary in the context of a slowdown in the US economy. Data on both initial and ...

US Federal Reserve Governor Michelle Bowman also downplayed the inflation threat from Trump era tariffs, arguing they won’t ...

A weak July jobs report could prompt the Federal Reserve to make its first interest rate cut of the year, as more officials ...

That usually signals it’s time for the Federal Reserve to cut interest rates. And Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, posited two such moves before the end of the year ...

Neither Presidents Kashkari or Daly—nor Governor Cook—dissented at the July meeting. With Governor Chris Waller and FOMC ...