US Treasury Secretary Scott Bessent has said that Federal Reserve Chair Jerome Powell should consider leaving the central ...

The US central bank is grappling with housing issues on three fronts: inflation, rate policy, and its own headquarters.

Consumer prices picked up for June, in line with economists’ expectations and likely marking the start of an increase in ...

Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several ...

Consumer prices probably rose 2.6% last month from a year ago, up from an annual increase of 2.4% in May, according to data provider FactSet. The Labor Department will issue its inflation report at ...

The DA’s spokesperson on international relations, Emma Powell, claims the United States denied President Cyril Ramaphosa’s ...

Americans felt a sting at the grocery store last month.

Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair ...

Central bankers prefer the Personal Consumption Expenditures price index instead of the US CPI data to gauge inflation pressure in the economy.

Inflation rose by three tenths of a percentage point to 2.7% for the year ending in June, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index. Forecasters had ...

(Reuters) -JPMorgan Chase CEO Jamie Dimon said on Tuesday the independence of the Federal Reserve is "absolutely critical".

The process to choose the next head of the Federal Reserve is getting under way, Treasury Secretary Scott Bessent said, suggesting that when current Chair Jerome Powell is replaced, he should also ...