Federal Reserve

Federal Reserve Bank of Minneapolis President Neel Kashkari shares what he learned about the pain of inflation on American consumers during a recent podcast.

A new report published by the Cleveland Federal Reserve Bank found that it could take several years for inflation to return to the central bank's 2% goal.

The Federal Reserve's favorite measure of tracking inflation climbed 0.3% in April as American families continue to grapple with elevated consumer prices.

Atlanta Federal Reserve President Raphael Bostic signaled Thursday that he would not support an interest rate cut in July amid signs of sticky inflation.

Companies that refinance between this year and 2030 will pay an additional $381 billion in interest costs thanks to the rapid spike in borrowing costs.

Minneapolis Federal Reserve President Neel Kashkari said the U.S. central bank should wait for more progress on inflation before reducing interest rates.

U.S. home prices continued to soar higher March, according to data published Tuesday, as would-be homebuyers compete for a scarce number of homes for sale.

Numisma, a small bank founded by former Fed official Randal Quarles, received conditional approval for a master account, a highly sought-after service denied to most uninsured institutions.

Stephanie Ruhle noted that consumer frustration with how some items have become luxuries in the current economy, but argued they are ultimately unaware of how good they have it.

Federal Reserve officials expressed concern during their May policy-setting meeting that inflation within the economy could remain uncomfortably high.

A new report published by the Federal Reserve shows that a majority of Americans think that elevated inflation made their financial lives worse in 2023.

New research published by the San Francisco Federal Reserve Bank shows that corporate price gouging is not a primary driver of high inflation in the U.S.

Americans are likely stuck with higher inflation for the rest of the year at least, according to a new survey from the nation's top economic forecasters.

High inflation has flattened the growth in American household net worth in recent years, with little net growth in President Biden's first three years compared to his predecessor.

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

A new report from the Federal Reserve Bank of New York found that higher debt household debt levels with elevated interest rates have created more financial stress for borrowers.

Federal Reserve Chair Jerome Powell on Tuesday stressed that central bankers need to be "patient" before cutting interest rates amid still-high inflation.

Redfin CEO Glenn Kelman details the challenges in the housing industry but doesn't see the current situation worsening in certain states.

The Labor Department on Tuesday released the closely watched producer price index, revealing that wholesale inflation ran hotter than expected in April.

A New York Federal Reserve survey published on Monday found that many American consumers expect inflation to remain abnormally high in the coming years.