Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.

Fed chief Jerome Powell also indicated the Fed will take a wait-and-see approach on pursuing the interest rate cuts yearned ...

Wall Street tumbled after Fed Chair Jerome Powell warned about the impact of tariffs and Nvidia issued sobering guidance.

Powell made the remarks while addressing the Economic Club of Chicago on Apr. 16. Powell added that the tariffs are highly ...

Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...

Economists expect tame readings in March in the key inflation measures tracked by the Federal Reserve for its 2% target.

The head of the Federal Reserve says don't expect any interest rate cuts anytime soon. The central bank says the numbers show ...

Federal Reserve Governor Christopher Waller laid out two scenarios for how President Donald Trump’s trade policy could affect ...

The central bank used the term in the wake of the pandemic to describe what became persistent inflation, leading to public ...

The "vast majority" of our seafood is imported, with top suppliers including Indonesia (subject to 32 percent tariffs in 90 ...

Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.

Consumer prices rose just 2.4 percent in March from a year earlier, the Labor Department said Thursday. Economists warned ...