This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Despite a slightly cooler inflation report, showing the Consumer Price Index up 3.4% ...

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The cool news is that the latest data from the Federal Reserve’s preferred inflation indicator came in lower than consensus in June, primarily due to a drop in energy prices. The not-so-cool news?

Richmond Fed President Tom Barkin said it is “a close call” whether the central bank’s interest-rate setting is high enough to bring inflation down, and that he didn’t know whether he would have ...

Inflation is a far more serious and persistent issue than the Fed has made it out to be, and it must be addressed by raising interest rates, a group of rate-setting committee members said Friday. For ...

Regional Fed Presidents Beth Hammack of Cleveland and Neel Kashkari of Minneapolis explained why they favor higher interest rates in separate statements Friday. Hammack said Fed policy currently isn't ...

Fed policymakers voted to keep the benchmark federal-funds rate target unchanged at 3.5% to 3.75% during their July meeting. Three central bank officials dissented against the move, and voted for a ...

Kevin M. Warsh, the Fed’s new chairman, vowed to fight persistent inflation without offering specifics about whether that would include raising rates. Colby Smith The Federal Reserve on Wednesday kept ...

The Federal Reserve voted Wednesday to keep interest rates steady in a fractured decision that showed growing support within the central bank for a rate hike to fight elevated inflation. It was the ...

Taylor Tompkins has worked for more than a decade as a journalist covering business, finance, and the economy. She has logged thousands of hours interviewing experts, analyzing data, and writing ...

The Federal Reserve left interest rates unchanged Wednesday, resisting for now pressure from inside its own ranks to raise rates to combat persistently high inflation. It was the fifth straight ...