Jerome Powell signals Fed may cut rates soon even as inflation risks remain
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months.
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US employers slash hiring as Trump advances a punishing trade agenda
U.S. hiring is slowing sharply as President Donald Trump’s erratic and radical trade policies paralyze businesses and raise doubts about the outlook for the world’s largest economy.
US inflation held steady as mild tariff hit offset by cheaper gas, food
U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices, leaving overall prices modestly higher than a year ago.
It’s Trump’s economy now. The latest financial numbers offer some warning signs.
President Donald Trump's economic policies are facing scrutiny as weak indicators emerge.
President Donald Trump removes official overseeing jobs data after dismal employment report
President Donald Trump on Friday removed the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in...
Federal Reserve leaves interest rates unchanged even as Trump demands cuts
The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut.
Federal Reserve gives journalists a rare tour of building renovations ahead of President Donald Trump’s visit
President Donald Trump plans to step foot in the Federal Reserve on Thursday as his allies scrutinize its expensive building renovations.
President Donald Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters
President Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell.
The tariff-driven inflation that economists feared begins to emerge
Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs push up the cost of everything from groceries and clothes to furniture and appliances.
As President Donald Trump ramps up attacks on the Federal Reserve, Chair Jerome Powell refuses to change course
Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to see how President Donald...