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

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

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

Chicago Federal Reserve Bank President Austan Goolsbee on Friday left the door open to supporting an interest-rate cut in ...

At the start of the month, a significantly weaker than expected July nonfarm payrolls report along with one of the biggest ...

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

Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...

Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation data amid President Trump’s trade war. The 3.3 percent yearly increase — ...

The Federal Reserve’s preferred inflation gauge rose in June in a sign that President Donald Trump’s tariffs are starting to lift prices.

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.

Last Tuesday, and before the Fed entered its dark period when they don’t speak to media they spoke with Austan Goolsbee, president of the Federal Reserve Bank of Chicago and voting member of the ...

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 ...