News

Inflation Crushes Hopes That Federal Reserve Will Cut Interest Rates in July
Key Takeaways Inflation rose in June, moving further from the Federal Reserve's goal of 2% each year.This flare of inflation ...
Public Broadcasting Service (PBS)25m
How Trump could use an expensive Fed building renovation to oust Powell
President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, ...
Fed's Collins urges patience on rates, says tariff hit may be more modest
Boston Federal Reserve President Susan Collins said on Tuesday she's in no rush to change the U.S. central bank's benchmark ...
Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing the Fed to hold off on interest rate cuts
Inflation is up, stocks are down, and more tariffs are on their way. Trump wants interest rates to come down but the ...
Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
Inflation is finally supposed to show a tariff-related increase. The Fed still might cut interest rates anyway.
Where’s all the inflation from the Trump trade wars? So far, the evidence really hasn’t shown up — but many economists say it ...
Public Broadcasting Service (PBS)16h
How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...
Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell, sources say
Washington — President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve Chair Jerome Powell — and people in the room voiced approval, according to multiple sources ...
Explainer-Why Trump's Push for a 1% Fed Policy Rate Could Spell Trouble for US Economy
WASHINGTON (Reuters) -U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to ...
Collins says solid economy gives Fed time to assess next move
Federal Reserve Bank of Boston President Susan Collins said she continues to believe the US central bank can be patient in ...