President Trump is plowing ahead with his tariff plans and threats, while still pushing for a cut to interest rates.

Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools.

Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates in a post on his Truth Social platform.

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions. “People can be confident that

Compass Realtor Jay Nix joined Fox 5 to break down the recently released consumer price index.

I have a lower-than-average rate on my high-yield savings account. And I'm OK with that.  Savings rates are variable, so they fluctuate over time depending on changes to an underlying benchmark interest rate.

Inflation is back in the spotlight as broad-based price pressures hit U.S. producers in January 2025, fueling concerns that businesses will either absorb rising costs or pass them to consumers and dampening hopes for Federal Reserve interest rate cuts.

A top European Central Bank official has signalled that rate-setters could be almost done with interest rate cuts in the Eurozone, warning risks to inflation were increasingly becoming “skewed to the upside” while borrowing costs had eased a lot.

Egg prices reached a record high in the U.S. last month, the Bureau of Labor Statistics reported Wednesday. The latest monthly consumer price index confirmed what consumers, bakers and food companies already knew: an ongoing bird flu outbreak that began in 2022 are making eggs terribly expensive right now.

The head of a new congressional panel gearing up to strengthen Capitol Hill's oversight of the Federal Reserve plans a broad review of how the U.S. central bank makes its interest rate decisions, including whether controlling inflation should be prioritized over safeguarding employment.

This prediction is lower than the 3.0 percent yearly change in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), as announced by the Bureau of Labor Statistics. The forecasted 2026 COLA of 2.

Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate