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 latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.

Massad says that $TRUMP exploits crypto's most speculative elements. He also notes that there are investor protection reforms ...

Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...

Police boats have returned to the Potomac River as part of the recovery and investigation after the United States’ deadliest ...

An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures ...

The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.

A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, and other energy goods and services jumped 2.7% durin ...

U.S. stocks opened higher on Friday after an earnings report from Apple impressed investors by showing strong growth in the consumer-tech giant's services business. Later, a reading from the Federal ...

Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The ...

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%.