The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late ...
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
President Trump and other critics of the agency say it needs to be shut down. Supporters of the agency point to its record of protecting consumers.
The Massachusetts senator decries Donald Trump’s vandalism of the Consumer Financial Protection Bureau and Musk’s "Mount Everest of conflicts." ...
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...
It’s not immediately clear whether the firings are legal, as the Trump administration is required to give a 30-day notice.
The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now under strict orders to do nothing.
BlackRock and the Federal Deposit Insurance Corp. are trying to resolve a months-long dispute over the asset manager’s stakes ...