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President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.

Inflation likely remained stubborn last month based on economists’ estimates, backing the Federal Reserve’s patient approach ...

This story has been updated with additional details. Federal Reserve Chair Jerome Powell reiterated on Tuesday that policymakers are in no "hurry" to adjust interest rates, citing lingering inflation ...

For half a century, the economy in Connell, Washington, was hotter than oil. Up until last fall, this plant processed 300 million pounds of potatoes into french fries every year. Adam Kunkel moved his ...

"In his first term, President Trump instituted tariffs that helped level the playing field for American industry and workers ...

Powell warned that quicker rate cuts could potentially reignite inflation, while a prolonged pause could destabilize the ...

With less restrictive monetary policy and a continued strong economy, the Federal Reserve will not rush to further reduce ...

McDonald's has raised prices more than any other fast-food chain, with some menu items increasing over 200% since 2019.