Federal Reserve Bank of Chicago President Austan Goolsbee said the central bank’s main priority should be to tame inflation, ...

After cutting interest rates three times in a row last year, the Federal Reserve indicated last month it probably won’t lower interest rates again for a while. A months-long pause, cemented by key ...

Schmid, one of three dissenters in Federal Reserve’s decision for quarter-point rate cut in December, said that with ...

President Donald Trump said December inflation data supports his calls for Federal Reserve Chair Jerome Powell to cut ...

The Federal Reserve will meet later this month to make a decision on interest rates. But the latest inflation report is ...

Food inflation has been relatively moderate though in recent years compared with the steep rise in grocery costs in 2022. The ...

U.S. inflation held at 2.7% in December, with shelter, food, and energy driving monthly gains as Fed weighs rate policy.

The top economist at J.P. Morgan believes the Federal Reserve is done cutting interest rates and will hold policy steady ...

Federal Reserve Bank of ​Minneapolis President Neel Kashkari said Wednesday he is optimistic about the economic outlook and ...

The Federal Reserve is less likely to make cuts this year as it grapples with a criminal probe, analysts say. That could ...

So-called core inflation, or CPI data that excludes volatile food and energy prices, rose by 2.6% over the past 12 months, ...

Inflation held steady in December, continuing to prove stubborn just days after reports of a Department of Justice probe into ...