The Latest Breaking News from Inflation

“If I want him out, he’ll be out of there real fast, believe me," Trump said in the Oval Office to reporters on Thursday.

Rice prices in Japan last month were almost twice what they were a year earlier, official data showed Friday, as core inflation accelerated in the world's number four economy.

“The White House’s actions have made it harder for the Fed to cut rates,” said a Columbia Business School professor.

Markets would likely be very spooked if the president could choose to influence monetary policy.

Trump does not have the authority to force Powell to resign. The Fed chair’s term is up in May 2026.

For customers who don’t have the freedom to choose where they shop, technological advancements — particularly artificial intelligence (AI) and intrusive personal data collection — are making price discrimination, inflation and lower-quality goods increasingly likely. Vulnerable consumers are most at risk.

After the Federal Reserve chair warned that Trump's tariffs could stoke inflation, Trump responded with a furious social media tirade demanding his removal.

Cathie Wood poured millions of dollars into Robinhood shares and a Toronto-listed Solana staking fund as the US Fed Chair's comments on inflation and softer Q1 growth triggered volatility in US markets.

The dollar index (DXY00 ) today is up by +0.09%. The dollar is modestly higher today due to some optimism about US trade talks after President Trump said US negotiators made “big progress” with Japanese officials on a trade deal. The dollar also rose after US weekly jobless claims unexpectedly...