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

Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting ...

That trend continued shortly after the Fed’s January meeting on Wednesday, with the president saying he would take bringing inflation ... benchmark rate three times, totaling a reduction of ...

The figures arrive just two days after Federal Reserve officials, led by Chair Jerome Powell, decided to pause their interest rate cuts in part because inflation has largely been stuck at about 2. ...

After the initial COVID-19 shutdown, when prices began to exceed 2%, the Fed hesitated before raising interest ... Biden's Chips and Science Act and Inflation Reduction Act, pushed the federal ...

As job gains soared, the unemployment rate hit a nearly ... the CHIPS and Science Act, a $200 billion law to boost American chip manufacturing; and the Inflation Reduction Act, a $750 billion ...

The Inflation Reduction Act of 2022 ... construction before 2025. The IRA replaced the Legacy Tax Credits with the Tech-Neutral Tax Credits for facilities placed in service after 2024.

Markets are bracing for a quarter-point reduction, bringing the base rate down to ... a delicate balancing act: boosting faltering economic growth while keeping inflation in check.

A Day 1 executive order directed federal agencies to freeze funding under former president Joe Biden’s signature climate law, the Inflation Reduction Act.

Everyone is watching how this new data will influence the Federal Reserve's interest rate decisions in the coming months. After ... inflation is under control or the job market softens before ...