Policymakers who will vote on rates next year remain divided on the path forward.

Federal Reserve Bank of Philadelphia President Anna Paulson said Friday she expects inflation to cool next year though she cautioned there is a risk of a further downturn in the labor market.

While the Fed predicts inflation will moderate in 2026, Chair Jerome Powell still sees price pressures rising early next year as tariffs continue to work their way through the economy.

By Michael S. Derby NEW YORK, Dec 12 (Reuters) - Federal Reserve Bank of Philadelphia President Anna Paulson said Friday her main concern right now is the state of the job market, in remarks that also said the current state of monetary policy should help bring down inflation to the Fed’s 2% target.

The Fed could have waited for delayed economic reports on inflation and employment, Chicago Federal Reserve Bank President Austan Goolsbee said.

The U.S. Central Bank wrapped up a two-day meeting on December 10, 2025, marking the last Fed meeting of the year. While there had initially been speculation that the Fed would keep interest rates steady in light of persistent concerns about rising inflation due to tariffs,

By Howard Schneider and Michael S. Derby WASHINGTON, Dec 12 (Reuters) - Federal Reserve officials who voted against the U.S. central bank's interest rate cut this week said on Friday they are worried that inflation remains too high to warrant lower borrowing costs,

Inflation rose one-tenth of a percentage point to 2.8% for the year ending in September, according to a hotly anticipated release of the Federal Reserve’s preferred inflation gauge. The Friday report by the Bureau of Labor Statistics comes after the longest government shutdown in U.

There’s been a lot of pressure on the Federal Reserve to lower interest rates and give consumers some much-needed relief from sky-high borrowing costs. And on Dec. 10, the Fed made its third interest rate cut of the year,

The Federal Reserve on Wednesday cut its influential interest rate for the third time this year as it tries to balance rising inflation with a labor market that appears to have weakened in recent mont

Kansas City Federal Reserve President Jeffrey Schmid said he dissented against the central bank's quarter point rate cut this week because inflation is "too hot" and monetary policy should remain modestly restrictive to keep it in check.