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"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...
Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...
President Donald Trump has threatened a "major lawsuit" against Federal Reserve Chair Jerome Powell, while once again calling for an immediate cut to interest rates following muted inflation data.
Inflation remained stubbornly high in June, according to data released by the Commerce Department on Thursday, as President ...
July’s consumer price index held steady at 2.7% year-over-year — slightly below expectations — offering a brief sense of relief.
Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.
WASHINGTON (AP) — U.S. inflation was unchanged in July while a measure of underlying inflation rose to its highest level in ...
Consumer prices, which rose 3.2% last month compared with July 2024, was smaller than June's 3.5%, according to the federal ...