President Donald Trump on Monday voiced support for Federal Reserve Chairman Kevin Warsh while insisting that the U.S. should have the lowest interest rates in the world. While backing his choice to lead the central bank, Trump questioned the motives of o... See more
The cost of goods brought into the U.S. posted an unexpected increase in June as the price of goods from China rose by their largest monthly level in more than 18 years, the Bureau of Labor Statistics reported Friday. Import prices were up 0.3% for the mo... See more
Dallas Federal Reserve President Lorie Logan, asserting that this week's good inflation news wasn't good enough, called Thursday for "modestly" higher interest rates to win a battle the central bank has been losing for the past five years. A voting member... See more
New York Federal Reserve President John Williams said Wednesday that he sees multiple signs that inflation has peaked, allowing the central bank to hold interest rates in place despite market expectations for a hike in coming months. In a speech delivered... See more
Consumer prices posted their biggest decline in more than six years during June as a sharp swoon in energy prices provided at least temporary relief from this year's inflation surge, the Bureau of Labor Statistics reported Tuesday. The consumer price inde... See more
