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U.S. Federal Reserve officials at their last meeting acknowledged they could face "difficult tradeoffs" in coming months in the form of rising inflation alongside rising unemployment, an outlook ...
Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by ...
Federal Reserve staff economists said during the meeting that inflation “remained elevated,” the minutes showed. Trump’s tariffs have created a dilemma for the Fed because the duties could ...
The Federal Open Market Committee — the 12-member group that sets rate decisions — will meet on June 17-18. The FOMC's ...
FOMC officials expect the core personal consumption expenditures price index, which excludes food and energy, to increase at ...
The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst.
Gold prices steadied on Wednesday as investors assessed the U.S. Federal Reserve's May meeting minutes, which flagged rising inflation and recession risks, reinforcing gold's appeal as a safe-haven ...
The April edition of the Federal Reserve's preferred measure of inflation is due Friday. (Alexandra Citrin-Safadi/WSJ) Investors will eye a range of data and reports in the remainder of this ...
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