American market closed with light profit booking, Dow weakened by 200 points. Fed released minutes. American market remained ...

Dropping what had been explicit guidance about the likelihood of rate cuts this year, Jerome Powell and other Fed officials ...

After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that ...

Federal Reserve policymakers were still willing to raise rates if the economy surprised them, notes from their most recent meeting suggested.

In 2021, we saw mortgage interest rates between 2% and 3% — some of the lowest rates we've ever had on record. Even now, ...

Inflation rates have considerably slowed since their peak of 9.1 percent in June 2022, with the Fed now slowly warming to ...

The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and ...

Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, ...

Last week, the ECB, the Fed’s equivalent covering Eurozone countries, also held interest rates, leaving its main refinancing rate at an all-time high of 4.5% (see story below).

The latest Consumer Price Index (CPI) report revealed a slight decline in inflation for April, bringing a potential reprieve ...

Fed Gov. Christopher Waller said Tuesday that he does not think further interest rate increases will be necessary. However, ...