Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...

Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...

Fed officials are split on whether to cut rates in September as weak hiring contrasts with persistent inflation, making the ...

Chicago Fed's Austan Goolsbee says rising producer prices and sticky services inflation raise concerns about tariff-driven ...

Federal Reserve Bank of Chicago President Austan Goolsbee said he would like to see at least one more inflation report to be ...

Goldman Sachs economists in a note estimated that consumers could soon bear up to 67% of tariff costs, up from 22%, thus ...

"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Inflation spike backs Fed into corner on key ...

The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation.

A debate over inflation is once again turning on the question of whether any price rise from Trump's tariffs would be fleeting or not.

WASHINGTON -- The Federal Reserve's preferred inflation gauge ticked higher in June in a sign that President Donald Trump's broad-based tariffs are starting to lift prices for many goods.

Inflation in the Federal Reserve’s preferred measurement ticked up to a 2.6 percent annual increase in June from 2.3 percent as cost increases from President Trump’s tariffs make their way ...