U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, ...

A Federal Reserve official who joins the central bank’s policy committee this year said he has grown less concerned about a ...

Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates sooner and faster than ...

Chicago Federal Reserve Bank President Austan Goolsbee said he feels more comfortable that the labor market is stabilizing, ...

The Federal Reserve may just give investors what they want this year after all. The December inflation report, released ...

Fed Governor Christopher Waller told CNBC on Thursday that the central bank could lower interest rates multiple times this ...

The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S ...

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...

Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.