The Federal Reserve is tasked with creating a monetary policy that encourages price stability and maximizes employment. As a result, it attempts to keep inflation at around 2% a year because that has ...

If you’re hoping the Federal Reserve cuts interest rates this month, you might be disappointed. Comerica Bank predicted ...

The U.S. central bank will probably need to leave interest rates where they are for a while longer to ensure inflation stays ...

The Federal Reserve will hold interest rates steady this month, but fresh inflation data has increased pressure for a cut ...

But Logan, who has been cautious about inflation during her three-year tenure as Dallas Fed chief, also opened the door to a ...

Tuesday's mixed CPI report has further solidified expectations that the Fed will continue to hold interest rates steady. Read ...

Logan said that consumer price index inflation data released earlier on Tuesday pointed to a likely increase in personal consumption expenditures data for June. The latter is the Fed’s preferred gauge ...

The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting to splinter over the path forward.

The current federal funds rate sits at 5.25–5.50%, held steady by the Fed to combat inflation and avoid overheating the ...

Federal Reserve Bank of Cleveland President Beth Hammack said she wants to see inflation lowered further before she’d support ...

President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest rates under Powell.

Federal Reserve Chair Jerome Powell has made a formal request that the central bank’s inspector general review its $2.5 ...