Inflation is cooling... but the federal reserve may not be in a rush to cut interest rates in upcoming months. Here's what ...

Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...

Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to ...

Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...

Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...

Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two ...

Federal Reserve Chair Jerome Powell highlighted the strength of the U.S. economy in a speech, emphasizing that robust growth ...

Federal Reserve chairman Jerome Powell said Thursday that the US central bank will likely cut its key interest rate slowly ...

“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary blame, rather, goes to supply constraints as the economy came out of COVID and ...

The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...

But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of ...

The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...