According to the latest CPI report, inflation edged up to 2.7 percent in June, a 0.3 percentage point month-over-month increase, leading us to the highest inflation rate since February 2025.

President Trump has seized on the Federal Reserve’s multibillion-dollar makeover as a possible avenue for finally ousting its ...

Without independence, the Fed couldn’t be trusted to give priority to low inflation over the president’s other priorities.