After their meeting Wednesday, Fed officials held interest rates steady in a range of 4.25%-4.5%. In December, Fed officials had penciled in two quarter-point cuts for 2025. Also read: Powell takes ...

President Donald Trump on Wednesday revealed his long awaited plan to battle inflation and cut prices for consumers now that ...

Gallup’s annual Economy and Personal Finance poll found that, in 2024, respondents named inflation as the most important ...

In the Jan. 11 Lewiston Tribune, there was a political cartoon showing a mother and son discussing the flags being at half-staff. The mother said it was for a great man who used to be president; the ...

It was a revolution of peanut butter sandwiches. Hundreds of thousands of American women — mostly suburban, middle-class ...

If Trump was unsparing in his description of the status quo, though, he was soaring in his promises of “a thrilling new era ...

For a start, firms usually pass on tariffs by raising prices. During Mr Trump’s last sortie against Chinese manufacturing in ...

Few Democrats will ever forget the night of June 27, 2024, when all of the careful mitigation, obfuscation and mendacity long ...

— Sen. MAGGIE HASSAN (D-N.H.) asked Bessent whether he believes inflation and prices will go down under Trump. In response, Bessent noted he believes the administration “will increase real wages and ...

Editorial Cartoon: Inflation elation As the holidays close in and the realities of rising costs are made starkly clear, there are some people who may be celebrating the concerning levels of inflation.

Otherwise, expect the recent acceleration of inflation to stick around or get worse, bringing trouble for the new administration. The pressure on the Fed to declare the race over and continue ...

The central bank has the power to maintain stable prices, and there is more to the President-elect’s economic policy than ...