Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday.

Unemployment remained relatively stable amid declining consumer confidence and an emerging trade war, which have roiled ...

With sweeping new U.S. tariffs now in play globally and markets shaken as a result, Federal Reserve Chair Jerome Powell on ...

President Donald Trump’s tariff policy will likely raise costs for consumers and businesses, but its overall effect on the U.S. economy remains uncertain, which is why the Federal Reserve will ...

With inflation and growth facing crosscurrents, the Federal Reserve leaders are favoring a data-dependent stance.

The labor market is solid, U.S.economic growth has continued to expand, and inflation, while down from its peak, has recently ...

(Reuters - Federal Reserve Vice Chair Philip Jefferson on Thursday said that with the U.S. economy in solid shape, tariffs ...

The Fed kept its policy rate in its current 4.25%-4.50% range at its meeting last month, a decision Jefferson said he ...

Federal Reserve Vice Chair Philip Jefferson said interest rates remain well positioned to handle competing risks despite a ...

Federal Reserve Vice Chair Philip Jefferson on Thursday declined to offer any specifics about how the Trump administration's ...

Punxsutawney Phil is nationally known for his weather predictions, but now one of his statues is being recognized as one of the seven Pennsylvania stops in the ...

Wednesday saw further volatility roil markets as tensions ran high ahead of Trump’s announcement, but stocks ultimately ended ...