Economists expect the Federal Reserve to pause interest rate increases during its June meeting, but they are divided over the possibility of future hikes.

Federal Reserve Bank of Cleveland president, Loretta Mester said in an interview with the Financial Times that she sees no "compelling" reason to pause rate hikes.

The Federal Reserve may hike interest rates for the 11th straight time in June amid signs of stubbornly high inflation, according to Wall Street traders.

Federal Reserve officials are split over whether to pause their aggressive interest-rate hike campaign at the June policy-setting meeting, minutes showed.

Several Federal Reserve officials signaled this week they could support an interest rate hike in June amid signs that inflation still remains too high.

Minneapolis Federal Reserve President Neel Kashkari told the Wall Street Journal that he is open to a pause on interest rate hikes amid ongoing economic uncertainty.

Federal Reserve Chairman Jerome Powell said Friday that tighter credit conditions resulting from the recent regional banking crisis may cause the central bank to ease off rate hikes.

Dallas Federal Reserve President Lorie Logan said Thursday that economic data doesn't justify pausing interest rate hikes at the central bank's June meeting.

Inflation continued to financially burden millions of U.S. households in April as the cost of things like gasoline, used cars and rent marched higher.

The Labor Department said the consumer price index showed that inflation cooled last month, but that underlying price pressures remained stubbornly high.

Inflation likely remained stubbornly high in April as price pressures continue to squeeze household budgets despite Federal Reserve interest rate hikes.

New York Federal Reserve President John Williams said that credit conditions will play a key role in his decision-making for future interest rate hikes.

Americans lack confidence in President Biden, Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen on matters related to the economy.

A new Federal Reserve survey released on Monday shows that a growing number of banks are tightening their lending standards amid higher interest rates.

A New York Federal Reserve survey released Monday shows consumers are bracing for inflation to remain above the central bank's 2% target in the long term.

High-yield savings accounts are offering attractive returns to some savers after the Federal Reserve hiked interest rates to the highest level in 16 years.

The Labor Department's April jobs report is expected to show that the U.S. economy added 180,000 jobs last month, the smallest gain in more than two years.

The Federal Reserve on Wednesday voted to raise interest rates for the 10th straight time but indicated that an end is in sight for its tightening cycle.

The Federal Reserve is expected to hike interest rates for the 10th time amid signs the economy is slowing and once red-hot inflation is starting to cool.

Gross domestic product for the first quarter is signaling the U.S. economy is facing headwinds as consumers pull back spending and companies lay off thousands of workers.