Liberal economist Larry Summers warned that inflation is still not fixed and that a Trump administration could make things even worse.

Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...

It was last up 4.08% at $91,910, marking a 32% rise since the Nov. 5 election. Smaller peer ether has risen 37% since ...

Speculation arises over Trump's ability to fire Fed chief Powell, highlighting the Fed's independence from presidential ...

Thinking about taking out a mortgage loan? Current mortgage rates remain at 6.88% for 30-year terms, while 15-year terms rise ...

Senator Elizabeth Warren of Massachusetts is set to become the top Democrat on the Banking Committee, a prominent position ...

The U.S. government is set to release new inflation data on Wednesday, offering a fresh look at price increases little more ...

President-elect Donald Trump’s return to the White House already carried potentially sweeping changes for the Federal Reserve ...

The central bank’s governors vow to re-elect Jerome Powell chairman even if the president fires him.

Two days after Donald Trump became the first American since Grover Cleveland to win nonconsecutive presidential elections, the Federal Reserve announced a ...

Sen. John Fetterman, D-Pa., speaks at a campaign rally for Democratic presidential nominee Vice President Kamala Harris at Erie Insurance Arena, in Erie, Pa., Monday, Oct. 14, 2024. (AP ...

The US Federal Reserve and its chair, Jerome Powell, are rightly choosing not to act on any assumptions about what Donald ...