Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded ...

What You Need to Know Federal Reserve Chair Jerome Powell Tuesday acknowledged the Fed has limited ability to influence ...

Economists were already scaling back predictions of multiple Federal Reserve interest rate cuts this year after data ...

President Donald Trump made a campaign promise to lower prices on Day One. Well, it’s Day 24, and as anyone who has gone ...

For example, the Federal Reserve can increase interest rates to discourage borrowing and spending to slow down economic activity when inflation is high. The agency can also reduce interest rates ...

President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.

A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...

Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...

President Trump campaigned on the promise to bring down the U.S. cost of living. That could be easier said than done.

But low unemployment and strong job growth have a downside: A robust job market can drive higher inflation, setting the Federal Reserve on a course to try to reduce ... what to do with that ...

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...