Minutes suggest that Fed policymakers were already returning to the data-dependent mindset in the face of the incoming Trump ...

Last year "was marked in large measure by the impressive resiliency of the consumer and a sturdy labor market.” ...

Fed governor Michelle Bowman said she supported a December rate cut cut as the 'last step' in the central bank's 'policy recalibration' phase, becoming the latest Fed official to urge caution about ...

Inflation remains stubbornly above the Federal Reserve’s 2 percent target. Yet, instead of maintaining a firm stance at its ...

WASHINGTON, D.C. — Economic growth withstood inflation, high interest rates and other challenges in 2024 and should continue to show strength in 2025.

The price measure, whose methodology differs from the central bank's preferred inflation gauge, offers a different picture of ...

Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...

Minutes from the most recent meeting of Federal Reserve policymakers showed uncertainty about the impact of President-elect ...

The Federal Reserve is definitely pumping the brakes on rate cuts, and they’re blaming uncertainty surrounding President Donald Trump.

The Fed’s favored inflation gauge, the personal consumption expenditures price index, rose 2.4% in the year through November, and 2.8% minus food and energy. Fed officials since the meeting have ...

Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price ...

Washington, DC, January 8, 2025-Economic growth withstood inflation, high interest rates and other challenges in 2024 and ...