Federal Reserve

Minutes from the Federal Reserve's January meeting show that officials are worried about the risks of cutting rates too soon amid still-high inflation.

Total interest on the national debt is poised to become the priciest part of the federal budget, outstripping spending on Medicare and Social Security.

Federal Reserve vice chair for supervision Michael Barr said the Fed's supervisors are working with banks to manage commercial real estate risk amid the high interest rate environment.

The Labor Department on Friday said the producer price index climbed faster than expected in January, underscoring the difficulty of taming high inflation.

A growing number of older Americans are choosing to age in place rather than downsize their homes, which is contributing to a nationwide housing shortage.

Inflation has fallen considerably from the highs of mid-2022, but price gains are still costing Americans an extra $213 a month compared to last year.

U.S. stocks took a beating after a hotter than-expected-inflation report sent investors scrambling and questioning whether future rate cuts are now off the table.

The Labor Department released the closely watched January consumer price index report Tuesday, revealing just how hot inflation was running last month.

The odds of the Federal Reserve cutting rates in the first half of 2024 dimmed after the January inflation report came in hotter than expected on Tuesday.

Inflation climbed faster than expected in January thanks to an uptick in the cost of rent, electricity and food, according to new Labor Department data.

The divide between monetary and fiscal policy is starting to worry the nation's top economists even as the U.S. economy shows signs of stabilizing against inflation.

Treasury Secretary Janet Yellen said Thursday that high prices are unlikely to decline en masse even though inflation has receded sharply in the past year.

A key measure of home-purchase applications rose 3.7% last week due to a burst of refinancing among homeowners, according to new data released Wednesday.

Credit card debt surpassed another record at the end of December as American consumers continued to rely on their cards to pay for everyday necessities.

Federal Reserve Chair Jerome Powell said Sunday that policymakers are trying to balance the risks between cutting interest rates too late and too soon.

The January jobs report released Friday provided a key look at the labor market's health as it continues to confront high interest rates and inflation.

Former President Donald Trump talks recent stock market gains and the future of Federal Reserve leadership in a preview of his exclusive interview with Maria Bartiromo.

The January jobs report, due Friday morning, is expected to show the labor market is continuing to moderate due to higher interest rates and inflation.

Layoffs in the U.S. jumped 136% in January as companies battled deteriorating market and economic conditions — and more job cuts could be coming this year.

The Federal Reserve on Wednesday paused its interest-rate hike campaign for the fourth straight time amid growing evidence that high inflation is cooling.