U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, suggesting the Federal Reserve would probably be in no hurry to resume cutting ...

Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...

President Donald Trump chose from his most loyal supporters when he created his Cabinet and appointed others to key roles within his administration.

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated ...

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024. The employment cost index (ECI) ...

The message reiterated an offer for a chance to take a second job or travel to a “dream destination” and remain on the ...

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to ...