Federal Reserve

The Commerce Department will release the third and final estimate of Q2 GDP on Thursday, providing evidence over whether the economy is in a recession.

Duquense Family Office CEO Stanley Druckenmiller is anticipating a recession next year, warning that the economic downturn could be "really bad," as the Federal Reserve tightens monetary policy with continued interest rate increases

Sales of previously owned homes tumbled in August as home ownership became increasingly unaffordable for many prospective buyers thanks to higher mortgage rates.

The Federal Reserve's fight against inflation and a housing shortage could send mortgage rates soaring above 7%, according to Bank of America economists.

Wharton business school professor argues the Federal Reserve's "inexcusable" monetary policy has created the inflation crisis on "Cavuto: Coast to Coast."

New single-family home purchases surged nearly 29% in August from the previous year, jumping more than expected as homebuyers tried to lock in lower mortgage rates.

The Federal Reserve would eliminate at least 1 million jobs as it tries to rein in runaway inflation with the most aggressive interest rate hikes in decades.

Home prices in July climbed 15.8 compared with the same month one year ago, a sign that steeper borrowing costs may be starting to cool the housing market.

The Bank of England said on Monday it would not hesitate to raise rates and is monitoring markets in response to the new government's financial plans.

The bond market is crashing as the Federal Reserve hikes interest rates to combat inflation, a warning sign for the U.S. stock market, according to Bank of America.

The OECD warned Monday that the global economy is headed for a slowdown as a result of Russia's war in Ukraine and the hottest inflation in decades.

Traders will be carefully listening to what a handful of Fed officials have to say following the latest interest rate hike. Gasoline prices in the U.S. are also on the rise again.

Investors continued to dump U.S. stocks as fears grow that a potential recession will be deeper than initial forecasts as the Federal Reserve attempts to tame inflation.

U.S. investor sentiment has dropped to its lowest level since the 2008 financial crisis as the Federal Reserve raises interest rates, according to Goldman Sachs analysts.

Former Toy 'R' Us chair and CEO Gerald Storch criticizes Jerome Powell's Federal Reserve for their narrow focus on monetary policy as they fight inflation.

The Federal Reserve will continue to rattle markets this year with its rate hike path, according to Goldman Sachs, which sees the S&P ending the year at 3,600 points.

Former Federal Reserve Board nominee Judy Shelton offers insight into the Fed's strategy to combat inflation, warning the crisis could become more 'serious.'

The U.S. housing market is in a recession, and prices are likely to plunge 20% over the next year as rising mortgage rates take their toll on consumer demand.

Treasury Secretary Janet Yellen sees inflation coming under control next year due to a variety of factors. Those factors include investments in clean energy.

The Federal Reserve will likely succeed in its mission to cool inflation without causing unemployment to rise too high, according to Treasury Secretary Janet Yellen.