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

The Federal Reserve's job is to control inflation, but has little ability to influence one of its biggest drivers, Fed Chair ...

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

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

The Fed was already in "wait and see" mode, holding interest rates steady to try to reduce inflation ... can itself create demand and drive prices up. Raphael Bostic, president of the Federal ...

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

WASHINGTON – The Federal Reserve ... to reduce its benchmark interest rate three times at consecutive meetings in late 2024.

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 ...

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

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." ...