The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under barrage from the White House.

Trump sent Fed Chair Powell a handwritten note demanding lower interest rates to reduce government borrowing costs. Experts ...

Federal Reserve officials affirmed their intention to lower inflation back toward their 2% target at the risk of rising unemployment and slower growth. Fed minutes show inflation resolve, concern ...

Fed’s Hammack has affirmed her support for a wait-and-see approach to a Fed rate cut, further quenching hopes of a July cut.

U.S. consumers had mixed inflation expectations in December, according to the New York Federal Reserve's Survey of Consumer Expectations, which also highlighted rising concerns about household debt.

Prices rose faster in May than forecasters had anticipated, and consumers unexpectedly lost income and pulled back on spending.

Inflation has been cooling; by the Fed's targeted measure of the yearly gain in the Personal Consumption Expenditures price index, inflation was 2.1% in April, just a hair above the Fed's 2% target.

In “waiting game” since January, the FOMC decided to leave rates in the 4.25% to 4.5% range AI Summary The Federal Reserve held benchmark rates steady in the range of 4.25% to 4.5% following ...

Since the Fed already has said the economy has met the Fed’s target of inflation hovering above 2% “for some time,” the twin milestones would open the door to a March rate increase.

As the Federal Reserve meets this week, officials are facing growing concerns about stagflation—a mix of high inflation and a slowing economy. With interest rate cuts expected, the Fed must ...

Concerns over higher inflation and tighter monetary policy have become the top concern for market participants, pushing aside the COVID-19 pandemic, the Federal Reserve said on Monday in its ...