Economic Indicators

Federal Reserve Chairman Jerome Powell assured lawmakers on Wednesday that a move by the U.S. central bank to speed up its withdrawal of support for the U.S. economy should not disrupt the markets, one day after his comments precipitated a massive nosedive on Wall Street.

Fannie Mae released its latest forecast, saying it expects mortgage rates to slowly rise over the next two years as the Federal Reserve responds to rising inflation.

The ADP National Employment Report released on Wednesday morning provided a snapshot of the U.S. labor market in November.

The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.

Federal Reserve Chairman Jerome Powell acknowledged Tuesday that he now expects high inflation to continue into the middle of 2022, stating that the government should no longer push what had been a recurring slogan of it being "transitory."

House Democrats are maintaining that inflation is manageable as they head into the new year.

Nearly 50% of voters support Biden's Build Back Better plan, a new poll showed. But many are also worried it could worsen inflation rates. Here's what that means for interest rates.

The Department of the Interior released a report Friday that proposed charging fossil fuel companies more money to drill on public lands and waters, calling the current rate of 12.5% "particularly outdated."

The nationwide average for gasoline prices is up by more than 60% from Thanksgiving 2020, according to the American Automobile Association (AAA).

CUNA's chief economist says inflation will end 2021 at 5%. As the Federal Reserve considers when to raise rates, here's what high inflation means for interest rates.

Annual inflation is running at the hottest pace in more than three decades as widespread supply shortages, extraordinarily high consumer demand and rising wages fuel rapidly rising price increases.

The Labor Department released new data on the number of Americans filing for unemployment benefits on Wednesday morning, a day earlier than usual due to the Thanksgiving holiday.

President Biden on Tuesday outlined the steps his administration is taking to combat surging inflation ahead of the holiday season, saying the different actions will help ease supply-chain bottlenecks and reduce rising gas prices.

Inflation is not going away anytime soon, argues one prominent former White House economic adviser.

Japan is making a major stimulus move to jumpstart that country's economy which has been weakened by the coronavirus pandemic.

The Labor Department released new data on Thursday morning about the number of Americans filing for unemployment benefits.

Inflation is surging at its highest rate in decades and politicians are clashing on how to bring it back down. Here's what rising inflation could do to interest rates.

The Biden administration will reportedly invest billions of dollars into expanding the domestic production of COVID-19 vaccines.

White House national economic director Brian Deese on Sunday touted the Democrats’ $1.75 trillion social spending and climate package as the solution to reducing inflation.

House Democrats largely downplayed inflation concerns in recent months, insisting it’s "not out of control" despite the price of goods and gas soaring to record highs.