Inflation is America's 'No. 1' problem and could take until 2025 to resolve: NY Fed president
New York Federal Reserve President John Williams detailed the widespread initiatives that the Fed has taken to combat the U.S.'s sky-high inflation rates.
New York Fed's Williams warns of a 'ways to go' before interest rates are high enough
Inflation could see a "pretty significant" decline next year, but New York Fed President John Williams said interest rates still need to rise further.
Fed's preferred inflation gauge shows prices cooled in October but remain painfully high
Inflationary pressures in the economy remain strong, a worrisome sign for the Federal Reserve as it tries to crush runaway prices without triggering a recession.
Fed's Powell signals smaller interest rate hikes could begin in December
Federal Reserve Chairman Jerome Powell said the central bank could soon approve smaller interest rate hikes, but stressed there is a "long way to go" in cooling inflation.
Elon Musk urges Fed to cut rates 'immediately,' or risk severe recession
The Federal Reserve needs to cut interest rates immediately or risk triggering a severe recession, according to Tesla CEO and Twitter chief Elon Musk.
Powell speech, GDP revision, private hiring and more: Wednesday's 5 things to know
Wednesday will have several events that will move markets including a speech by Fed Chairman Jerome Powell, plus the latest update on quarterly growth.
Inflation fight could last until 2024, Fed official warns
New York Federal Reserve President John Williams expects inflation to remain elevated in 2024, signaling that interest rates may remain high for "some time."
Stagflation to plague global economy in 2023, keeping stocks on edge
Stagflation is the consensus view for the global economy and stock market in 2023, according to a majority of fund managers surveyed by Bank of America.
Fed officials anticipate slower interest rate hikes coming 'soon,' minutes show
Fed policymakers could soon decrease the size of their interest rate hikes as they consider the lags of monetary policy and its effect on the economy.
Is the Fed preparing to pivot on interest rate hikes? Not so fast, policymakers say
Federal Reserve officials expect to continue raising interest rates despite market hopes for a pause as inflation continues to hover near a 40-year high.
Inflation holds grip on US economy in October as prices remain stubbornly high
The Labor Department released the latest inflation data set on Thursday, revealing just how hot consumer prices ran in October as the Fed tries to cool the economy.
October inflation report likely to show consumer prices increased again
The consumer price index likely surged again in October as inflation remains near a 40-year high, continuing to inflict financial pain on millions of Americans.
Fed may need to hike interest rates above 6% to crush inflation, Larry Summers says
Former Treasury Secretary Larry Summers warned this week that the Federal Reserve may need to hike rates above 6% in order to crush unrelenting inlfation.
Larry Kudlow: Jerome Powell should not try to explain the unexplainable
FOX Business host Larry Kudlow critiques Fed chairman Jerome Powell's conference on interest rates, calling his speech "word salad" on "Kudlow."
Fed's Powell says it's 'premature' to pause interest rate hikes: 'A way to go'
Federal Reserve Chairman Jerome Powell signaled on Wednesday that more interest rate hikes are coming as the U.S. central bank struggles to get inflation under control.
Fed hikes interest rates by 75 basis points for fourth straight month
The Federal Reserve enacted its fourth consecutive 75-basis-point interest rate hike as it attempts to cool inflation without triggering an economic recession.
Fed likely to deliver another huge interest rate hike as high inflation persists
The Fed is expected to increase the benchmark federal funds rate by 75 basis points at the conclusion of its meeting on Wednesday in order to fight inflation.
Larry Kudlow: People are deciding to cast votes against Biden's socialist progressivism
FOX Business host Larry Kudlow laid out the price surge under the Biden Administration and the impact it's having on the midterms on 'Kudlow.'
Fed expected to aggressively hike rates to 5%, triggering global recession: survey
The Federal Reserve is unlikely to back away from its inflation fight soon, according to a new survey of Bloomberg economists, who see rates climbing above 5% by 2023.
Inflation gauge closely watched by the Fed surges again in September
Inflationary pressures in the economy remain strong, a worrisome sign for the Federal Reserve as it tries to crush runaway prices without triggering a recession.