Jerome Powell

The Federal Reserve on Wednesday paused its interest-rate hike campaign for the fourth straight time amid growing evidence that high inflation is cooling.

The Federal Reserve may shed light on when it will begin to cut interest rates this year amid signs that inflation is moderating faster than expected.

Sen. Elizabeth Warren and three other Democratic senators wrote to Fed Chair Jerome Powell to call for the Fed to cut interest rates this year to ease housing prices.

The Federal Reserve's favorite measure of tracking inflation rose 0.2% in December after declining the previous month as high consumer prices persist.

The Federal Reserve has always been a political entity. And Fed Chairman Jerome Powell knows if he wants to keep his job he will have to play politics this election year.

Federal Reserve President of San Francisco Mary Daly on Friday warned that it would be "premature" to assume that interest rate cuts are around the corner.

The Federal Reserve is widely projected to cut interest rates this year, even after the December inflation report came in hotter than economists expected.

The Labor Department said Wednesday the producer price index moderated in December, a sign that price pressures in the economy are beginning to abate.

The Labor Department released the closely watched December consumer price index report Thursday, revealing just how hot inflation was running last month.

The Labor Department on Thursday will release the December consumer price index data, which is expected to show that inflation inched higher last month.

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.

Federal Reserve meeting minutes released Wednesday indicate that central bank officials think interest rates are at their peak in this tightening cycle.

At its final meeting of the year, the Federal Reserve hinted that its inflation fight is at an end — and that interest rate cuts are on the way in 2024.

Chicago Federal Reserve Bank President Austan Goolsbee said Sunday that although the central bank has made good progress in bringing down inflation it's "too early to declare victory."

The Dow Jones Industrial Average roared to a new all-time high, surpassing 37,000 after Federal Reserve Chairman Jerome Powell said policymakers have nearly licked inflation.

The Federal Reserve on Wednesday paused its interest-rate hike campaign for the third straight time amid growing evidence that high inflation is subsiding.

The Federal Reserve's nearly two-year interest rate hike campaign may be finally coming to an end as inflation continues to show signs of slowing down.

Underlying inflation pressures faced by American consumers eased in October relative to the prior month according to a new report by the Federal Reserve Bank of New York.

The Federal Reserve's more than year-long interest-rate hike campaign may be finally coming to an end as inflation continues to show signs of slowing down.

Federal Reserve Chair Jerome Powell on Friday said that despite recent declines in inflation, policymakers are prepared to raise rates again if needed.