As Treasury Secretary Scott Bessent describes it, this effort by the Trump administration to tame inflation is a whole-of-government approach.

The stock market had investors on a wild ride this week, but many portfolio managers are telling clients to sit tight with calmer days on the horizon in the second-half of the year.

The Labor Department on Wednesday released the consumer price index for February, which found inflation was 2.8%, slower than economists' expectations ahead of the next Federal Reserve meeting.

The percentage of borrowers with subprime car loans at least 60 days past due rose to the highest level since at least 1994 in January amid high car prices and elevated interest rates.

Gold prices have gained more than 40% over the past 12 months and despite a pullback, experts see more bullish signs for the yellow metal to move even higher in the coming months.

The latest reading of the Federal Reserve's preferred inflation gauge showed that prices rose in line with economists' expectations in January as the inflation fight continues.

The Conference Board's consumer confidence report found that confidence slumped in February with the biggest monthly drop in nearly four years amid inflation and tariff concerns.

Federal Reserve officials cautioned that uncertainty over the impact of President Trump's tariffs and immigration policies could impact the outlook for curbing inflation.

Federal Reserve policymakers noted the potential for higher tariffs to contribute to inflation remaining above the central bank's 2% target rate in the minutes from their last meeting.

Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.

Kevin Hassett, a key economic adviser to President Donald Trump, said that he will hold regular lunch meetings with Fed Chair Jerome Powell and other central bank policymakers.

Inflation picked up at a higher pace than expected in January, leaving the Federal Reserve playing a waiting game to see the impact of tariffs and other policies on price pressures.

The Labor Department on Wednesday released the consumer price index for January, which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.

President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.

Federal Reserve Chair Jerome Powell testified before a Senate committee and said the central bank's workforce is more "overworked" than "overstaffed" in pushback against Elon Musk.

Elon Musk put the Federal Reserve on notice that the central bank could face an audit from his Department of Government Efficiency after he claimed the Fed is "absurdly overstaffed."

The Labor Department on Friday released its jobs report for January, which showed that the U.S. economy added 143,000 jobs last month, which was below economists' expectations.

House, Senate, and White House Republicans need to make sure we extend the Trump tax cuts

Trump confirms new 25% tariffs on Canada and Mexico. Markets and the Federal Reserve are in panic mode, but they're wrong.

The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.