The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central ...
One of the Federal Reserve's most dovish policymakers is taking a sharp shift toward a more hawkish posture, warning that new ...
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
Even inflation this low could feed consumer frustration, workplace friction and an inflationary psychology.
Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded ...
The Fed’s perfect-world inflation target is an annual rate of 2%. The current inflation rate, as of December, is 2.9%. The figure represents a five-month high. Even as the Fed ordered the last ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Fed Chair Jerome Powell said “we do not need to be in a hurry to adjust our policy stance” and monetary policy is “well ...
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.