Fed Governor Bowman noted that despite recent progress on inflation, price growth levels still remain well-elevated compared to the central bank's target ranges, and that recent moves in the ...

The central bank wants to declare victory over inflation but hasn’t explained its monetary mistakes.

The Fed will announce its interest rate decision on Wednesday. Nearly all expect them to cut rates because of weakening signs ...

Since the Fed began tightening its monetary policy in March 2022, the FOMC has voted unanimously on every policy move and statement. Bowman has positioned herself as one of the more hawkish — or ...

While the first interest rate adjustment is expected to take place this week, JPMorgan CEO Jamie Dimon said that the United ...

The central bank’s first interest-rate cut is widely expected on Wednesday, but investors are more focused on what will ...

Inflation across the U.S. continued to recede in August as the rate of price hikes returns to pre-pandemic levels.

The annual inflation rate in August was 2.5%, but core inflation remained sticky at 3.2%, according to the latest Consumer ...

With inflation cooling and worries about the job market spreading, the central bank is expected to announce a long-awaited ...

Core CPI came in hot in August, and many on Wall Street think rate-cut expectations are too high.

The Labor Department reported that inflation cooled to a 2.5 percent annual rate in August, and mortgage rates have dropped ...

Equity markets were up smartly for the week ended September 13 with three of the four major averages up between 4% and 6% (see table).