Federal Reserve is giving your money away and it could destroy more than your wallet
The Federal Reserve went down a dangerous path after the 2008 financial crisis. It increased its balance sheet and made borrowing cheaper. The result is a $23 trillion spike in debt.
Tight job market has a friend in the Fed
The Federal Reserve is standing pat on interest rates for now, with the timing of a cut uncertain. Still, the backdrop remains supportive for the U.S. job market and the rank and file.
Fed holds rates steady as inflation casts doubt on future cuts
Federal Reserve policymakers on Wednesday voted to keep interest rates unchanged as inflationary pressures within the U.S. economy start to increase again.
Fed expected to keep interest rates higher for longer amid stubborn inflation
The Federal Reserve is widely expected to hold interest rates steady at the conclusion of its two-day meeting on Wednesday amid signs of sticky inflation.
Interest rate cut odds dwindle as inflation progress stalls
Persistently elevated inflation may force the Federal Reserve to delay any interest rate cuts until later this year and adopt a higher-for-longer stance.
Fed's Powell says inflation data this year shows a 'lack of progress'
Federal Reserve Chair Jerome Powell on Tuesday said that it is taking longer than previously expected for inflation to reach the central bank's 2% target.
Fed officials worried inflation progress is stalling, meeting minutes show
Federal Reserve officials expressed concern during their March policy-setting meeting that inflation within the economy could remain uncomfortably high.
Powell says Fed needs more inflation evidence before cutting interest rates
Federal Reserve Chair Jerome Powell reiterated that policymakers need to see more evidence that inflation has subsided before they cut interest rates.
Key Fed inflation gauge, consumer spending rise in February
The personal consumption expenditures price index rose 2.5% last month, in line with expectations. On a monthly basis, prices rose 0.3%, slightly below economists' estimates.
Fed leaves interest rates unchanged, says three cuts still planned
The Federal Reserve's decision on Wednesday, which was widely expected, keeps the federal funds rate between a range of 5.25% to 5.5%, a 22-year-high.
Fed’s Powell walking tightrope on rate cuts as inflation bites
The Federal Reserve's plan to begin cutting interest rates is being upended by sticky inflation as Americans continue to grapple with higher costs for everyday items.
Inflation ran hotter than expected in February as high prices persist
The Labor Department released the closely watched February consumer price index report Tuesday, revealing just how hot inflation was running last month.
Powell says Fed won't rush to cut interest rates until inflation is conquered
Federal Reserve Chairman Jerome Powell said during congressional testimony on Wednesday that the central bank is in no rush to start cutting interest rates.
Wall Street is growing more worried about 1970s-style stagflation risks
The U.S. economy could be headed toward a "stagflation" scenario, which is characterized by soaring consumer prices as well as high unemployment rates.
JPMorgan warns investors should brace for 1970s-style 'stagflation'
JPMorgan Chase strategists warned in a note to clients that the U.S. economy faces heightened risk of returning to a 1970s-style stagflation scenario.
Fed officials raised concerns about cutting rates too soon, minutes show
Minutes from the Federal Reserve's January meeting show that officials are worried about the risks of cutting rates too soon amid still-high inflation.
Inflation rises faster than expected in January as high prices persist
The Labor Department released the closely watched January consumer price index report Tuesday, revealing just how hot inflation was running last month.
Fed rate cuts 'off the menu for now' after hot January inflation report
The odds of the Federal Reserve cutting rates in the first half of 2024 dimmed after the January inflation report came in hotter than expected on Tuesday.
Fed's Powell says the 'time is coming' to cut interest rates
Federal Reserve Chair Jerome Powell said Sunday that policymakers are trying to balance the risks between cutting interest rates too late and too soon.
Trump says he wouldn't reappoint Fed Chair Powell: 'He's political'
Former President Donald Trump talks recent stock market gains and the future of Federal Reserve leadership in a preview of his exclusive interview with Maria Bartiromo.