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

Gold prices edged higher on Friday, buoyed by a weaker dollar, but were poised for a weekly decline after ...

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

Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...

Goldman Sachs economists in a note estimated that consumers could soon bear up to 67% of tariff costs, up from 22%, thus ...

The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...

Americans are still opening their wallets, with unemployment remaining low and businesses blunting the effects of President ...

Federal Reserve Bank of Chicago President Austan Goolsbee said he would like to see at least one more inflation report to be sure persistent price pressures aren’t picking up.

Wholesale prices—the cost of goods and services purchased directly from producers—rose at the sharpest monthly rate in three ...

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

What is the direction of inflation – good or bad for consumers? I’ll try to give you the facts and then let you decide.

A spike in producer prices introduced a "note of unease" into the Federal Reserve's outlook, according to Chicago Fed President Austan Goolsbee. The inflation surprise was concentrated in areas ...