The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald ...

Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by ...

U.S. stocks drifted to a mixed finish after the Federal Reserve indicated it may cut interest rates twice this year, though ...

Inflation will very likely rebound from April's reading of 2.3% over the remainder of the year due to tariffs. Read why and ...

But in the price-tracking data, the evidence is much more uneven. April’s inflation reports — measuring consumer and producer ...

Expected price hikes from a wave of US tariffs on global trade have yet to meaningfully show up in government inflation data, ...

Powell has made an interesting point in his Fed statement that, tariffs will ultimately be passed on to the consumer in some ...

The Consumer Price Index rose 2.4 percent in May, from a year earlier, a reading that reflects only the initial impact of ...

Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices ...

Meaningfully larger increases are likely in coming months” to inflation as tariffs take hold, said the top U.S. economist at ...

Price changes have been minimal. The cost of food, shelter and medical care ticked up slightly in May, but the prices for ...

The central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall ...