US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.

Buried in Fed Chair Jerome Powell's speech on the Fed's framework review was a forecast for the April reading of the personal consumption expenditure price index, which isn't due for release until May ...

“The economic environment has changed significantly since 2020, and our review will reflect our assessment of those changes,” ...

"We may be entering a period of more frequent, and potentially more persistent, supply shocks—a difficult challenge for the ...

Federal Reserve Chair Jerome Powell said policymakers are weighing changes to key parts of the framework that guides their ...

Following the last review, the Fed outlined a policy that became known as flexible average inflation targeting. The move was ...