Fed Chair Jerome Powell said the current size and scale of tariffs, if left unchanged, would likely cause both unemployment ...

The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor ...

The Fed operates with a dual mandate of keeping the labor market healthy while maintaining stable prices. At the moment, the ...

Tuesday’s report could provide an early read on how Trump’s duties will affect the prices Americans pay for necessities.

The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen ...

Fed Chair Jerome Powell kicked off his post-meeting press conference by saying the central bank remains “squarely focused” on ...

Even after recent tariff reductions, U.S. consumers face an effective tariff rate of 17.8%, the highest level since 1934, the ...

Investors are betting that the Federal Reserve is likely to keep interest rates on hold in the near term following another inflation reading that didn’t make things any easier for the central bank.

WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s ...

Reporters pressed Chair Jerome Powell at his news conference Wednesday on what the Fed plans to do if the jobless rate rises alongside price pressures: Which part of the dual mandate will the Fed give ...

Federal Reserve Chairman Jerome Powell held interest rates steady despite the president's threats to force him out his ...

Britain’s unemployment rate has hit a near four-year high as the UK jobs market falters amid worries over the impact of ...