While prices for certain goods have declined, inflation remained elevated even before tariffs show up in the data.

Fed warns of growing economic uncertainty, Trump flags first trade deal, White House to revamp AI chip export curbs, and more ...

It kept rates steady at its meeting in March, which unfolded shortly before Mr. Trump announced a blanket 10% tariff on imports and threatened heftier levies on dozens of trading partners. A trade ...

U.S. stocks ended a choppy day higher after the Federal Reserve left its main interest rate alone, as was widely expected, ...

Trump has repeatedly called for Powell to lower interest rates as he seeks to tilt the global economy in the United States’ favor by levvying across-the-board tariffs against adversaries like China ...

WASHINGTON (AP) — President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, just days after his statement that he would like to terminate the head of the U.S.

WASHINGTON (Reuters) -- President Donald Trump said on Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell but said he wants interest rates to be lower, remarks that could defuse ...