Fed officials also disagree on how tariffs will affect inflation going forward. Many increasingly believe the duties will ...

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Inflation spike backs Fed into corner on key ...

Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market expectations for Federal Reserve interest rate cuts were shaken by ...

The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation.

The latest reading of the Federal Reserve's preferred inflation gauge showed price increases accelerated in June as inflation remained above the Fed's 2% target. The "core" Personal Consumption ...

Inflation in the Federal Reserve’s preferred measurement ticked up to a 2.6 percent annual increase in June from 2.3 percent as cost increases from President Trump’s tariffs make their way ...

A debate over inflation is once again turning on the question of whether any price rise from Trump's tariffs would be fleeting or not.

Tariff effects on inflation still need to be seen, Powell says The Fed can keep the interest rate steady while waiting to see if tariff policy pushes up inflation, Powell said.

Inflation remains somewhat elevated.” Fed Chair Jerome Powell told journalists on Wednesday that the Fed’s objective of achieving maximum employment has been met, while inflation continues to ...

Last Tuesday, and before the Fed entered its dark period when they don’t speak to media they spoke with Austan Goolsbee, president of the Federal Reserve Bank of Chicago and voting member of the ...

Prices for goods rose in June as businesses passed the cost of tariffs on to customers, according to the Federal Reserve's preferred measure of inflation.