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

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.

The Consumer Price Index rose 2.6% versus a year ago in October — falling in line with expectations, the Labor Department ...

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

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" ...

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 ...

Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...

Plus, Federal Reserve Chair Jerome Powell is set to speak on the economic outlook, and there are a few big-name earnings on ...