The Federal Reserve’s preferred inflation gauge cooled in January, if economists’ forecasts are right.The Bureau of Economic ...
President Trump seeks to leverage fiscal policy to influence the Federal Reserve into lowering interest rates. By pursuing $1 ...
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC ...
When inflation started surging in the wake of the pandemic, it put a lot of Americans in a tough financial spot. And while ...
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept ...
Federal Reserve Vice Chairman Philip Jefferson said on Wednesday the U.S. central bank has time to weigh its next monetary ...
The Fed has adopted a wait and see approach, unwilling to lower rates amid uncertainty about the Trump administration's ...
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...