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Inflation accelerated while hiring stalled, leaving the Fed to weigh rate cuts. These 7 experts break down what it all means ...
The Trump administration wants an appeals court to lift a ruling that blocked President Trump from firing Federal Reserve Governor Lisa Cook before an interest rate meeting next week.
After plunging to an eight-year low in July, consumer inflation rose to 2.07% in August, driven by firmer food and oil prices even as overall price pressures remain subdued.
Inflation continues to tick up, and new federal data shows a growing number of people are out of work. That combination could lead to stagflation, economists say.
Today’s picture isn’t nearly as dire, and stagflation — if it comes back — could look different. Here’s what to know. “Stagflation,” a mash-up of “stagnation” and “inflation,” describes the unusual ...