Federal Reserve Chair Jerome Powell opened the door for the central bank to cut rates as soon as September. WSJ’s Nick Timiraos breaks down key moments from Powell’s Jackson Hole speech. Photo: David ...

The Fed's preferred inflation measure moved no closer to its 2% target in July, emphasizing the policy challenge the Fed faces as it prepares for a possible interest-rate cut in September. The ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased.

The Federal Reserve is monitoring new inflation data as it weighs potential interest rate adjustments due to a shaky job market and ongoing economic challenges. We're looking at core inflation, which ...

The biggest increase in wholesale prices in three and a half years stunned Wall Street, but is tariff-related inflation really set to soar? The proof is far from ironclad. The latest pair of inflation ...

Hugh Cameron is Newsweek U.S. news reporter based in London, U.K. with a focus on covering American economic and business news. Hugh joined Newsweek in 2024, having worked at Alliance News Ltd where ...

Good afternoon and welcome to our inflation live coverage. Households should brace themselves for another jump when July’s inflation report is published at 7.00am tomorrow. The Bank of England expects ...

Whether the Fed yields to political pressure or stands firm, inflation looks inevitable. The only variable is speed and what it means for Bitcoin. US President Donald Trump’s push for aggressive ...