Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives ...

Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...

Federal Reserve Chair Jerome Powell said Wednesday that the January consumer-price index data fit with an overall picture ...

U.S. inflation accelerated in January, unwelcome news to markets, companies and consumers hoping for interest rate relief, as ...

Federal Reserve Chair Jerome Powell said the latest consumer price data show that while the central bank has made substantial ...

Powell said officials need to see more progress on slowing inflation before considering further rate cuts but declined to ...

In his congressional testimony on Tuesday, Powell said, “Inflation has moved much closer to our 2 percent longer-run goal, ...

Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

U.S. inflation climbed to 3% in January, up from 2.9% in December, driven by higher grocery, gas, and rent prices. The ...

U.S. stock futures tumbled and the dollar rose on Wednesday after data showed consumer inflation picked up more than expected ...