The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
President Donald Trump did not call on the Federal Reserve to bring down rates last week, but said it had failed to bring ...
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...
After three consecutive interest rate cuts, the Federal Reserve has decided to hit the pause button, citing a solid job ...