Employees testified that CFPB leaders and Elon Musk’s DOGE want to wind down the agency to five employees, the minimum required under law.
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Inflation could continue to be ‘persistent’ and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC’s Silvia Amaro.
Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook
The BOJ’s decision comes ahead of the Federal Reserve’s policy meeting, where the U.S. central bank is expected to keep its benchmark interest rate steady.
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The consumer and producer prices data will be scrutinized by investors worried they will only confirm inflationary pressures are here to stay.