The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
Thursday's coverage included more tech earnings, focus on Trump's latest on potential tariffs and more analysis around Monday ...
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
U.S. stock futures were edging lower on Wednesday morning as investors prepared for a busy day on Wall Street with the Federal Reserve's first interest-rate decision of the year and a batch of ...
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
The Federal Reserve is expected to pause rate cuts at its January 29 meeting, maintaining rates between 4.25% and 4.5%.
Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop ...