Fed Chair Jerome Powell defended the Federal Open Meeting Committee’s universal decision to hold the Federal Funds Rate ...

Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it ...

If mortgage interest rates are to keep improving, experts say this week's labor data needs to be weaker than expected.

The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...

Gold futures rose on increasing hopes of a U.S. interest rate cut and a weaker U.S. dollar.

Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...

The Federal Reserve held interest rates steady Wednesday, and signaled that it is on track to cut rates by 0.5 percentage point this year, even as policymakers wait to see how President Trump's ...

The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.

The cost of living rose slowly in May for the third month in a row, but the rate of inflation is probably still too high for ...

The Federal Reserve held interest rates steady again Wednesday as officials continue to wait for the fallout of President ...

Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as ...

The Federal Reserve held interest rates steady Wednesday. Members of the central bank's rate-setting committee also ...