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 ...

Kevin Warsh, once known for fighting interest rate cuts with everything he had, now wants them. And he wants them fast. In an ...

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 ...

Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.

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 ...

US Treasury Secretary Scott Bessent suggested that Federal Reserve Chair Jerome Powell should step down from the central bank’s board when his term as chair is up in May 2026.