Inflation rose slightly in October in line with economists' expectations, as the consumer price index was up 2.6% from a year ago and 0.2% compared with last month.

Federal Reserve Chair Jerome Powell had mentioned last week that the road to 2% inflation would not be a straight line. "We expect there to be bumps," Powell said, at his press conference last week.

Dana Peterson, Chief Economist at The Conference Board, discusses the potential impact of the tension between President-Elect ...

WASHINGTON (AP) — Annual inflation may have risen in October for the first time in seven months, a sign that price increases ...

Senator Elizabeth Warren of Massachusetts is set to become the top Democrat on the Banking Committee, a prominent position ...

The U.S. government is set to release new inflation data on Wednesday, offering a fresh look at price increases little more ...

While Trump hasn’t directly called for abolishing the Fed, he’s clear about wanting to reshape its role, even suggesting that ...

Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...

President-elect Donald Trump’s return to the White House already carried the potential for sweeping changes to the Federal ...

This is unlikely, but not impossible.” Another factor that could complicate the future is Fed Chair Jerome Powell’s term, ...

Federal Reserve Chairman Jerome Powell made it clear to the press that if Donald Trump fired him, he wouldn't leave. While ...

In an absolutely extraordinary moment the central bank’s governors vow to re-elect Jerome Powell chairman of our central bank ...