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

Americans are not as confident of the economy as they were a few months back. Markets have been volatile from the beginning of this year as inflation has been showing signs of climbing again, ...

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 ...

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

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

Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...

The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.

The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...

“Kamala is for they/them,” went Donald Trump’s notorious TV ad during the 2024 campaign. “President Trump is for you.” But ...