An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Fed Chair Jerome Powell said Wednesday that he continues to look at the overall progress that inflation has made in moving ...
Fed Chairman Powell says the central bank wasn't sending a negative message by ditching a line about making progress on lowering inflation in its latest statement. "We just did a little bit of ...
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
Powell made clear that Fed policymakers are in no rush to reduce interest rates further, after lowering borrowing costs by a ...
Fed Chair Jerome Powell said “we do not need to be in a hurry to adjust our policy stance” and monetary policy is “well ...
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...