Jerome Powell

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

The August inflation data out Tuesday morning is expected to show that consumer prices slowed in August, but that likely won't be enough to mollify the Federal Reserve.

The New York Federal Reserve released a new survey on Monday revealing that American households expect inflation to cool slightly over the next three years.

David Rubenstein, the multibillionaire co-founder of The Carlyle Group, thinks the Federal Reserve will face difficulty in bringing down high inflation.

Federal Reserve Chair Jerome Powell is flexing his muscle again, saying policymakers won't botch the fight to tame inflation that is still running near a 40-year high.

Traders will be listening to Fed Chairman Jerome Powell's comments today on monetary policy at a Cato Institute conference. Investors will also be watching shares of American Eagle.

Federal Reserve Vice Chair Lael Brainard signaled on Wednesday that policymakers are prepared to fight inflation for as long as needed until prices start to cool.

The U.S. economy is likely headed for a recession as the Federal Reserve raises interest rates at the fastest pace in decades, according to Bank of America strategists.

U.S. employers added 315,000 jobs in August, opening the door to another super-sized interest rate hike when Fed policymakers meet at the end of September.

Federal Reserve Chair Jerome Powell spoke at the Jackson Hole conference last week, saying that Americans will likely feel the financial burden as the Fed doubles down on decreasing inflation.

The Labor Department's August jobs report provided a key snapshot of the labor market's health amid growing fears that the U.S. is headed for a recession.

The U.S. economy likely added 300,000 jobs in August, a solid figure that could raise the odds of another super-sized Federal Reserve rate hike later this month.

Federal Reserve interest rate hikes will not successfully cool inflation unless the federal government also slows fiscal spending, a new paper suggests.

Federal Reserve Bank of Cleveland President Loretta Mester said on Wednesday that policymakers need to raise interest rates into restrictive territory to cool inflation.

The president of the New York Federal Reserve said on Tuesday that central bank policymakers must raise interest rates higher in order to combat the hottest inflation in decades.

Central banks cannot tackle inflation unless governments enact more prudent fiscal policies, argues a new study presented at the Jackson Hole Economic Symposium.

Sen. Elizabeth Warren, D-Mass., said on CNN Sunday she’s "very worried" that the Federal Reserve's continued raising of interest rates could force the U.S. into a recession.

Federal Reserve Chairman Jerome Powell warned that interest rates will remain elevated for "some time," raising the odds on Wall Street of another 75 basis point increase.

Federal Reserve Chairman Jerome Powell pledged to cool historically high inflation, but warned that higher interest rates could bring "pain" to the economy.

The personal consumption expenditures index, which is closely watched by the Federal Reserve as it tries to wrestle inflation back to 2%, rose again in July.