Jerome Powell

Fed Chair Jerome Powell will have the attention of economists and central bankers on Friday when he gives a speech at the Jackson Hole gathering.

Federal Reserve officials expressed resolve to bringing inflation closer to their 2% target at the July meeting, with policymakers forecasting more "significant" rate hikes.

The Federal Reserve is expected to continue approving super-sized interest rate hikes, even after the July inflation report showed that price gains slowed down last month.

Some of the world's top economists, from former Clinton Treasury Secretary Larry Summers to Minneapolis Federal Reserve President Neel Kashkari, are sounding the alarms on a "soft landing."

Painfully high inflation persisted in July as the consumer price index hovered near a 40-year high, continuing to create financial pressure for millions of U.S. households.

The Federal Reserve could approve a historic full-percentage point interest rate increase at its meeting in September following the hotter-than-expected July jobs report.

A New York Federal Reserve survey out on Monday showed that consumers expect inflation to decline sharply over the next year as the central bank raises interest rates.

The Federal Reserve may have no choice but to approve another mega-sized interest rate hike in September following the hotter-than-expected July jobs report.

Federal Reserve officials have said in recent days that they plan to continue hiking rates until there's clear evidence inflation is falling, despite fears of a slowdown.

Sen. Sherrod Brown criticized the Federal Reserve chair in a recent Fox Business interview, saying his talk of inflation being transitory mislead the president.

Federal Reserve Chairman Jerome Powell said Wednesday that the strong labor market likely means the U.S. economy is not in a recession, despite growing fears.

The Federal Reserve on Wednesday approved another super-sized interest rate hike as it tries to tackle inflation, which hit another record-high in June.

Bacon, egg and cheese, a New York City breakfast tradition, is reportedly being hit by inflation. Bodega owners have had to increase costs for the sandwich.

For nearly a decade, China has been targeting Federal Reserve employees in an attempt to undermine American monetary policy, according to a Senate report.

The Federal Reserve is expected to approve another massive interest rate increase at the end of its two-day meeting on Wednesday as it ramps up its inflation battle.

The Federal Reserve is expected to raise interest rate this week by an estimated three-quarters percentage point which puts the target range between 2.25% to 2.5%.

The Federal Reserve could approve a historic, 100-basis point interest rate hike when they meet at the end of July following the sizzling-hot inflation data released this week.

The hotter-than-expected June inflation report is fueling bets that the Federal Reserve will approve a 100-basis point interest rate hike, a historic move to fight rising prices.

Republican Sen. John Barrasso said Wednesday that he met with Federal Reserve Chairman Jerome Powell one day before the Labor Department released the June inflation data.

Inflation is expected to have surged again in June, with the Labor Department's consumer price index likely climbing by 8.8%, notching another four decade high.