Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.

This week, mortgage rates decreased to their lowest level in over two months. The drop in mortgage rates, combined with ...

No change in interest rates is expected when the Federal Open Market Committee is scheduled to set rates again on March 19.

Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central bank can keep steadily shrinking its balance sheet through a period of uncertain government finances, while noting she ...

The Federal Open Market Committee (FOMC), consisting of the governors and regional-bank presidents, has a mandate to accomplish price stability and maximize employment. According to former Fed ...

A new executive order gives President Donald Trump’s appointees more power over independent agencies, including how the Fed ...

The Federal Reserve might be forced to cut interest rates if president Donald Trump’s tariffs push inflation higher.

Federal Reserve policymakers noted the potential for higher tariffs to contribute to inflation remaining above the central ...

As the Federal Reserve focuses on achieving 2% inflation in setting monetary policy, Trump’s policies — especially on tariffs — are likely to complicate the picture.

The market’s expectations for the Federal Reserve’s next move on interest rates held steady after the publication of minutes ...

Federal Reserve Governor Michelle Bowman said on Monday she wanted increased conviction that inflation will decline further ...