Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...

Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.Credit ...

A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...

The U.S. central bank has lowered interest rates by 0.75 point since September.

Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.

Wall Street has rallied over the past week, fueled by optimism following Donald Trump’s landmark victory in the U.S.

October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual ...

October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting ...

But he said the increase wouldn’t be enough “to justify a pause (in rate cuts) by the Fed at its next meeting in December.″ ...

Inflation remains substantially lower than it did during its 2022 peak — but Americans are still frustrated with high prices.

When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a ...