Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) ...

At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.

October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting ...

Federal Reserve governor Adriana Kugler said Thursday the central bank has made considerable progress in working to achieve ...

Stock markets in the Gulf ended mixed on Thursday as investors assessed the monetary policy and inflation outlook in the ...

WASHINGTON (AP) — A Federal Reserve official gave a lengthy defense of the central bank’s political independence Thursday, ...

U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to ...

Stock futures are slightly higher Thursday as the market looks to rebound from a couple of lackluster days, with investors ...

Prince Andrew, the Duke of York, reportedly raised the money he needed to continue staying at Royal Lodge after King Charles ...

The report appears to keep the Federal Reserve on track for a December rate cut. Minneapolis Fed president Neel Kashkari told ...

The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.

Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.