Jerome Powell

The stronger-than-expected January jobs report has prompted some Federal Reserve officials to say that interest rates may need to go higher than projected.

Additional interest rate hikes are on the table in coming months as U.S. inflation is still too high, according to Federal Reserve Chairman Jerome Powell.

Another inflation spike could take hold in the U.S. economy as a result of China reopening its economy from COVID-19 lockdowns, according to one analyst.

The Federal Reserve on Wednesday enacted its eighth consecutive interest rate hike as it attempts to cool inflation without triggering an economic recession.

Evidence that inflation is slowing will likely allow the Fed to shrink the size of its interest rate increases at the end of its meeting on Wednesday.

High inflation has shown early signs of moderating, giving the Fed the space to slow its interest rate increases, according to vice chair Lael Brainard.

The Fed announced on Wednesday that its chairman, Jerome Powell, has tested positive for COVID-19 and that the 69-year-old is experiencing "mild symptoms."

Inflation at the wholesale level fell faster than expected in December as high producer prices begin to moderate, the Labor Department reported on Wednesday.

The Labor Department released new inflation data set on Thursday, revealing just how hot consumer prices ran in December as the Fed tries to cool the economy.

The CPI likely remained painfully high in December as inflation remains near a 40-year high, continuing to inflict financial pain on millions of Americans.

BlackRock’s Chief Investment Officer of Global Fixed Income Rick Rieder sat down with FOX Business on Monday to discuss the likelihood of interest rate hikes from the U.S. Federal Reserve in 2023

Fed Chairman Jerome Powell on Tuesday said that raising interest rates to slow the economy and cool high inflation can prove to be politically unpopular.

U.S. households are becoming more optimistic about inflation, with consumers seeing prices falling to 5% one year from now, the lowest level since July 2021.

The U.S. economy could face a 1970s-style stagflation crisis in 2023 as it confronts still-high inflation, rising unemployment and slow economic growth.

Minutes from the Federal Reserve's December meeting show that policymakers expect to continue raising rates in 2023 – and keep them elevated for "some time."

The U.S. economy is likely poised to tumble into a recession and experience another inflation surge in 2023, according to hedge fund investor Michael Burry.

Mortgage rates have more than doubled over the past year, pushing many prospective homebuyers out of the market, even as home prices remain near a record-high.

Inflation showed signs of cooling last month, a welcoming sign for the Federal Reserve as it tries to cool consumer prices with higher interest rates.

The U.S. economy is likely headed for a recession in 2023 as a result of the Federal Reserve's fight to kill inflation with steep interest rate hikes.

Investors got a second-day jolt with the economy slowing as prices and interest rates are expected to keep rising. The Federal Reserve hiked rates by 50 basis points on Wednesday.