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 ...

The Fed’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index excluding food and energy, rose ...

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

Bank of Dallas president Lorie Logan says that while policymakers will likely need to hold interest rates steady for a bit ...

The US president regularly blasts the central bank chair, whom he appointed. Now Trump’s allies appear to be building a case ...

With core inflation still above the US Federal Reserve's (Fed) 2% target, rates are likely to stay on hold this month ...

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

The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under ...

Whether the Federal Reserve cuts rates in September is now looking like a 50/50 call after June’s inflation data. Traders are pricing in a 50.5% chance of the Fed lowering borrowing costs by a quarter ...

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.

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

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