The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further away from its inflation goal and reducing the chance of a another ...

The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.

Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...

Despite the pause this month, the Fed is still expected to resume rate cuts later this year, aiming to hit 2.5% or lower by ...

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

Fed kept its key interest rate on hold in a range between 4.25-4.5%, following three consecutive cuts. TD Asset Management's ...

U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong ...

The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.

The Federal Reserve held interest rates steady and signaled a “wait and see” approach as uncertainties remain. Click to read.

The Federal Reserve holds firm on interest rates after their latest meeting. The decision was expected as progress is bumpy ...

The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...