The Federal Reserve is tasked with creating a monetary policy that encourages price stability and maximizes employment. As a result, it attempts to keep inflation at around 2% a year because that has ...

The U.S. central bank will probably need to leave interest rates where they are for a while longer to ensure inflation stays ...

If you’re hoping the Federal Reserve cuts interest rates this month, you might be disappointed. Comerica Bank predicted ...

Lorie Logan, president of the Federal Reserve Bank of Dallas, said in a speech Wednesday that she is content to leave ...

Tuesday's mixed CPI report has further solidified expectations that the Fed will continue to hold interest rates steady. Read ...

Logan said that consumer price index inflation data released earlier on Tuesday pointed to a likely increase in personal consumption expenditures data for June. The latter is the Fed’s preferred gauge ...

The current federal funds rate sits at 5.25–5.50%, held steady by the Fed to combat inflation and avoid overheating the ...

The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting to splinter over the path forward.

Federal Reserve Bank of Cleveland President Beth Hammack said she wants to see inflation lowered further before she’d support ...

The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under ...

President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest rates under Powell.

Gold held steady after the latest Federal Reserve minutes showed officials are divided over the outlook for interest ...