Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, ...

Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest ...

Morgan Stanley joined Barclays and Macquarie in forecasting a single 25 basis point interest rate cut by the U.S. Federal ...

Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...

U.S. consumer inflation ticked surprisingly higher in January, data indicated Monday, sending stocks sharply lower as price ...

Economists see the core gauge as a better indicator of the underlying inflation trend than the overall CPI that includes often-volatile food and energy costs. The headline measure rose 0.5% from ...

Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.

Though Trump could appoint Fed board members whose views on monetary policy align with his own, he can only make new ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...

The Fed has made “a pretty big pivot from focusing on the labor market, which was a concern at the tail end of last year, to now focusing on inflation,” said Anastasia Amoroso, iCapital Network’s ...

A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...