Another Fed rate hike could be in play during June meeting
The Federal Reserve may hike interest rates for the 11th straight time in June amid signs of stubbornly high inflation, according to Wall Street traders.
Fed officials divided over additional interest rate hikes, meeting minutes show
Federal Reserve officials are split over whether to pause their aggressive interest-rate hike campaign at the June policy-setting meeting, minutes showed.
Fed presidents signal more interest rate hikes needed to cool inflation
Several Federal Reserve officials signaled this week they could support an interest rate hike in June amid signs that inflation still remains too high.
Minneapolis Fed chief Kashkari open to pause in interest-rate hikes amid inflation fight
Minneapolis Federal Reserve President Neel Kashkari told the Wall Street Journal that he is open to a pause on interest rate hikes amid ongoing economic uncertainty.
Powell signals Fed may take its foot off the gas on rate hikes following banking turmoil
Federal Reserve Chairman Jerome Powell said Friday that tighter credit conditions resulting from the recent regional banking crisis may cause the central bank to ease off rate hikes.
Dallas Fed president says data does not justify June rate-hike pause yet
Dallas Federal Reserve President Lorie Logan said Thursday that economic data doesn't justify pausing interest rate hikes at the central bank's June meeting.
April inflation breakdown: Where are prices rising the fastest?
Inflation continued to financially burden millions of U.S. households in April as the cost of things like gasoline, used cars and rent marched higher.
Inflation jumped 0.4% in April as prices remain stubbornly high
The Labor Department said the consumer price index showed that inflation cooled last month, but that underlying price pressures remained stubbornly high.
April inflation report likely to show prices are moderating at 'snail's pace'
Inflation likely remained stubbornly high in April as price pressures continue to squeeze household budgets despite Federal Reserve interest rate hikes.
Fed's Williams warns inflation still too high, will 'take time' to return to 2%
New York Federal Reserve President John Williams said that credit conditions will play a key role in his decision-making for future interest rate hikes.
Americans lack confidence in Biden, Powell, Yellen on the economy, Gallup poll shows
Americans lack confidence in President Biden, Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen on matters related to the economy.
Fed survey signals looming credit crunch after rate hikes, banking turmoil
A new Federal Reserve survey released on Monday shows that a growing number of banks are tightening their lending standards amid higher interest rates.
Americans bracing for higher inflation in the long term, NY Fed survey shows
A New York Federal Reserve survey released Monday shows consumers are bracing for inflation to remain above the central bank's 2% target in the long term.
Silver lining of higher interest rates: Savings account rates
High-yield savings accounts are offering attractive returns to some savers after the Federal Reserve hiked interest rates to the highest level in 16 years.
April jobs report likely to point to slowdown in hiring last month
The U.S. Department of Labor's April jobs report is expected to show that the U.S. economy added 180,000 jobs last month, the smallest gain in more than two years.
Fed raises interest rates a quarter point, hints at possible pause
The Federal Reserve on Wednesday voted to raise interest rates for the 10th straight time but indicated that an end is in sight for its tightening cycle.
Fed likely to hike interest rates again, then signal a pause in its inflation fight
The Federal Reserve is expected to hike interest rates for the 10th time amid signs the economy is slowing and once red-hot inflation is starting to cool.
US economy grew 1.1% in first quarter signaling slowdown
Gross domestic product for the first quarter is signaling the U.S. economy is facing headwinds as consumers pull back spending and companies lay off thousands of workers.
The Fed says a mild recession is in the cards this year. What could that look like?
The Federal Reserve's own staff are predicting a "mild" recession this year, but that could still mean plenty of pain for the stock and labor markets.
Wholesale inflation unexpectedly tumbles 0.5% in March, biggest drop in 3 years
The Labor Department said Thursday the producer price index tumbled 0.5% in March, evidence that price pressures in the economy are beginning to abate.