President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.

So much for the Fed's predictions, back in September, that price-inflation would be at 2 percent in no time at all.

The government’s measure of gas prices jumped 0.9% from May to June, while grocery costs rose 0.3%. Many longer-lasting goods that are heavily imported saw clear price increases, with furniture prices ...

Taken all together, the report shows that Trump’s tariffs are beginning to leave more of an imprint on the economy.

Contrary to Trump’s claim, not all prices are “down” and inflation isn’t “dead.” Based on the CPI, the inflation rate was 2.7 ...

The Reserve Bank’s preferred measure of inflation, the so-called trimmed mean, today fell to its lowest level since December 2021, with headline rates at 2.1 per cent, down from 2.4 per cent in the ...

The PCE Price Index is forecast to have risen by 0.20% in June, up from 0.14% in May. Core PCE is expected to have risen 0.29 ...

The Federal Reserve's preferred measure of inflation likely heated up in June, as tariffs started to push up consumer prices.

Now, while some administration officials and Fed governors expect any impact from tariffs to be temporary, other economists and market participants remain convinced that the president’s conventional ...

The Senate voted yesterday to advance debate on a package to claw back funds allocated for public broadcasting and foreign aid. And, a report shows inflation increased in June.