Federal Reserve officials saw risks of higher-than-expected inflation, due in part to potential tariffs by President-elect ...
The economy has been running hotter than expected lately, raising the possibility that the Federal Reserve will hold interest ...
Over the last three meetings of 2024, the Fed reduced interest rates by a full percentage point. Its benchmark rate now sits at 4.25 percent to 4.50 percent. However lower interest rates have yet to ...
Unease about inflation's persistence and potential policy shifts under a new White House administration dominated the Federal ...
WASHINGTON (AP) — A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates ...
Minutes of the central bank’s December meeting show heightened concern over uncertainty around the effects of President-elect ...
Higher tariffs and massive deportation could make America's bumpy battle against inflation that much more difficult.
U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffs.
Major indexes were fluctuating between slight gains and losses Wednesday afternoon as the stock market struggles to recover from the previous session's steep losses.