Goldman Sachs economists in a note estimated that consumers could soon bear up to 67% of tariff costs, up from 22%, thus escalating broader inflation risk. Before the Aug. 14 PPI report, markets were ...

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

The brunt of tariffs is yet to be felt. Importers padded inventories before Liberation Day or absorbing the costs, delaying ...

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

Federal Reserve Chair Jerome Powell will give a speech on the economic outlook and the Fed's review of its policy framework ...

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Inflation spike backs Fed into corner on key ...

NEW YORK — Most stocks fell on Wall Street Thursday after a disappointing report said inflation was worse last month at the U ...

The Labor Department reported Thursday that its producer price index rose in the biggest jump in more than three years.

As investors have bought bonds expecting a Fed rate cut, that's helped mortgage borrowers. But even if the Fed does cut, home ...

The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...

This is the fourth week in a row that rates have come down. The latest average rate on a 30-year mortgage is now at its ...

Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market expectations for Federal Reserve interest rate cuts were shaken by ...