NEW YORK: The US Federal Reserve (Fed) is set to shed more light on why it’s worried that strong inflation may linger as its economy moves into the new year. At the conclusion of the Dec 13 and ...

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower ...

Inflation rose slightly in April and remained above the Federal Reserve's target rate as the economic impact of higher tariffs is expected to impact consumer prices in the coming months.

WASHINGTON — A top Federal Reserve official said Friday that massive ... If the tariffs push up inflation, the Fed would keep rates elevated — or raise them further. But if the duties worsen ...

While April’s inflation data brought modest progress in the Federal Reserve’s goal of bringing inflation back to its target of 2%, economists are also expecting the effects of tariffs to be ...

That tilt towards the labor market five years ago may have had little to do with the pandemic-era inflation that followed in ...

WASHINGTON — The Federal Reserve ... in which inflation would finally drop back to its target of 2%, while unemployment would stay low amid solid growth. The Federal Reserve, which is under ...

WASHINGTON (AP) — The Federal Reserve kept its key interest rate ... and said that the risks of both higher unemployment and higher inflation have risen, an unusual combination that puts the ...