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 been identified as a level that allows consumers and businesses alike to make plans.

Whether the Federal Reserve cuts rates in September is now looking like a 50/50 call after June’s inflation data. Traders are pricing in a 50.5% chance of the Fed lowering borrowing costs by a quarter point,

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

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.

Institutional flows remained strong. U.S. spot bitcoin ETFs logged their ninth consecutive day of net inflows, with $403 million added on Tuesday.

June's uptick in consumer prices likely gives the Fed room to stay on hold as uncertainty over tariffs clouds the timing of its next rate cut, according to economists.

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

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

Your mortgage dreams just got more expensive as the Fed holds rates steady through summer. Credit card debt remains costly while savings accounts get a temporary reprieve from declining yields.