The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...

A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...

Trump has said he wants lower interest rates, but he may be standing in his own way.The president said he would demand ...

The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...

Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...

U.S. interest rate cycles are driven largely by how restrictive or accommodative the Federal Reserve thinks monetary policy ...

Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.

Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...

The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central ...