Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect ...

Inflation likely accelerated in June as sweeping tariffs on nearly all imports may have pushed up prices for electronics, ...

Treasury Secretary Scott Bessent on Tuesday said that the process to pick a new chairman of the Federal Reserve has started, ahead of chair Jerome Powell’s term ending in 2026 and amid growing ...

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...

U.S President Donald Trump makes his case in support of rate cuts by Federal Reserve amid the backdrop of U.S. Treasury Secretary Scott Bessent confirming the process of finding successor to Fed Chair ...

Jerome Powell has been the Federal Reserve Chair since February 2018. Trump nominated Powell in 2017, but now calls for him ...

Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several ...