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Economy

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Gas station pumps at a local stop during the summer of 2026.
FEDERAL RESERVE1d ago

Inflation cools more than expected in June as gas costs fall, underlying prices ease

Recent economic data shows a cooling trend for United States inflation. Consumer prices dropped 0.4% between May and June, marking the largest monthly decline in four years. This shift comes as costs for gasoline, appare…

Federal Reserve headquarters building facade during a cloudy day in Washington DC.
3d ago

Cooler inflation may not be enough to stave off Fed rate increases

Kevin Hassett speaks with reporters at the White House regarding Federal Reserve interest rate policy.
4d ago

There's no 'excuse' for rate hike, Hassett says. Does the Fed agree?

Federal Reserve Chair Kevin Warsh testifies at a Senate Banking Committee hearing on Capitol Hill.
5d ago

Can the Fed lower inflation? 5 takeaways from Warsh on Capitol Hill

More Stories
Federal Reserve Chairman Kevin Warsh speaking during his first congressional testimony regarding inflation policy.
FEDERAL RESERVE · 6d ago

Fed’s Warsh tells Congress he’ll fight inflation but doesn’t tip hand on rates – live updates

Kevin Warsh completed his first appearance before Congress as Federal Reserve chairman today. His primary message centers on a commitment to price stability and the ongoing battle …

A person pumping gasoline at a Sunoco station in Philadelphia during May 2026.
FEDERAL RESERVE · 6d ago

US consumer inflation moderates; upside risks remain amid renewed Middle East conflict

U.S. consumer inflation cooled more than expected during June, as a temporary dip in energy prices provided a brief period of relief. The Consumer Price Index rose 3.5 percent year…

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