Reserve Bank governor Lesetja Kganyago has warned that prices of food, goods and other services could double every 12 years ...

The report gave a little bit of everything to Fed policymakers who are divided as to whether tariffs will cause a one-time price shock or something more persistent.

The recent inflation rise to 2.7% in June, driven by consumer prices, signals potential financial strain. As tariffs take ...

"As a big business owner looking at rates at 1% or 2%, I'm definitely saying, 'what do you know that I don't?'" ...

U.S. consumers boosted their spending in June following a pullback the previous month, offering a reassuring sign for the ...

Slok said that he “absolutely” believes that inflation has already caused a “lift off” on consumer goods. Data released from the Bureau of Labor Statistics on Tuesday showed that inflation accelerated ...

Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.

President Donald Trump has publicly chastised Chairman Jerome Powell, who Trump appointed in 2017, over interest rate cuts.

Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap ...

Tariffs, trade wars, lingering inflation and high interest rates - all of these drains on the economy have not been enough to plunge the U.S. into recession. How come? Simple. Most people who want a ...

The annual inflation rate in the United States rose to 2.7% in June—its highest level since February, according to the U.S.

Wealthier voters have long been a core part of the Republican base, but Trump's recent moves appear to have alienated those ...