Economy Feb 20

The figures show that inflation remains elevated, even as it has come down from a peak near 7% in 2022.

Economy Feb 13

Friday's report suggests inflation could be cooling, but it comes after the cost of food, gas, and apartment rents have soared since the pandemic.

Politics Feb 05

Treasury Secretary Scott Bessent said Thursday it would be “up to the president” to decide whether or not to sue Kevin Warsh, Donald Trump's nominee to lead the Federal Reserve, if he fails to lower interest rates.

Economy Jan 30

President Donald Trump said Friday that he will nominate former Federal Reserve official Kevin Warsh to be the next chair of the Fed, a decision likely to result in sharp changes to the powerful agency that could bring it closer…

Economy Jan 27

The central bank said in a statement that there are signs the job market has stabilized while it also said growth was “solid,” an upgrade from last month’s characterization as “modest.”…

Economy Jan 13

Many economists had expected inflation to jump last month as the government resumed normal data collection after the six-week shutdown last fall, so the modest increases that matched the November figures came as a relief.

Politics Jan 12

“This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions — or whether instead monetary policy will be directed by political pressure or intimidation.”…

Economy Jan 09

The data suggests that businesses are reluctant to add workers even as economic growth has picked up.

Economy Dec 10

In a set of quarterly economic projections, Fed officials signaled they expect to lower rates just once next year. Wednesday’s cut reduced the rate to about 3.6%, the lowest it has been in nearly three years.

Economy Dec 09

The Fed's 19-member rate-setting committee is sharply divided over whether to lower borrowing costs again.