Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Fed official: Inflation still too high in ...

A top Federal Reserve official said Monday that stubbornly high inflation and the renewal of combat in the Middle East in August were key reasons she supported raising borrowing costs last week, when ...

Susan Collins said that businesses in her district, which includes Massachusetts, Connecticut, Maine, Rhode Island, and ...

Treasury Secretary Scott Bessent said Monday he has “great confidence” in Federal Reserve Chair Kevin Warsh after the central ...

Austan Goolsbee said in a speech in London that the Fed is facing a series of persistent supply shocks that have driven up inflation, including higher oil prices from the Iran war and tariffs ...

The resilience of the U.S. economy has opened the door for the Federal Reserve to tackle stubborn inflation, raising its federal funds rate for the first time since 2023.

Fed Chair Kevin Warsh and the other 11 members of the central bank’s Federal Open Market Committee last week carried out their mission to control inflation by managing monetary policy ...

Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss his meeting with Chinese Vice Premier He Lifeng, details of a 'U.S.-China AI Dialogue', calls for a slowdown in AI development, whether ...