US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.

Federal Reserve Chair Jerome Powell speaks Thursday morning to the Thomas Laubach Research Conference. The topic of Powell's presentation will be the review the central bank is conducting this year of ...

Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.

U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs and inflation in their current ...

Risks of higher unemployment and higher inflation have risen, according to the Federal Reserve. Those factors may prompt ...

Investors, rattled by Powell’s gloomy assessment and his pledge to pause ... added to concerns that the U.S. economy is headed for slower growth and rising prices. “Generally speaking, Fed ...

The Federal Reserve kept its key interest rate unchanged on Wednesday, brushing off President Donald Trump’s demands to lower ...

Chair Jerome Powell and other Fed officials have signaled that they want to see how the duties impact consumer prices and the economy.

Fed officials are meeting to discuss interest rates amid the seismic shift in the global economy from President Donald Trump’s tariffs.