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 ...

U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...

Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...

Rising costs of groceries, gasoline, and rents contribute to the unexpected boost in inflation, dampening business enthusiasm ...

U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a disappointment for families and ...

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.

Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.

A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...

On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, ...

Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily.

The U.S. consumer price index for January will be released at 8:30 a.m. Eastern on Wednesday. Economists expect headline annual CPI inflation of 2.8%, down a touch from January’s 2.9%. However, that ...