Federal Reserve

Sales of previously owned homes fell 3.2% in April from the prior month due to limited housing supply, according to the National Association of Realtors.

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.

Applications for jobless benefits fell last week by the most since 2021 after unemployment fraud in Massachusetts distorted the data in previous weeks.

Home-purchase applications plummeted last week as higher mortgage rates weighed on buyer demand, according to a new survey from the Mortgage Bankers Association.

Tesla CEO Elon Musk warned that the Federal Reserve will be too slow to lower interest rates as the economy slows this year because it has "too much latency" in its decision-making.

Fund managers surveyed by Bank of America are increasingly pessimistic about the U.S. economy following the collapse of several banks earlier this spring.

The Commerce Department reported Tuesday that retail sales climbed 0.4% in April, the first increase since January as consumers picked up their spending.

A record low number of Americans think it's a good time to buy a house amid high inflation and rising interest rates, according to a new Gallup survey.

The Fed has noted that the job market has a robust supply but warned that if it grew "tight" it might prompt the need for further rate hikes, which the bank is not keen to pursue.

Former Dallas Fed President and CEO Robert Kaplan called for a "hawkish pause" on rate hikes as they "disproportionately hurt" small and mid-size businesses.

Applications for unemployment benefits last week climbed to the highest level since October 2021, the latest evidence the labor market is slowing down.

The Labor Department said Thursday the producer price index climbed just 0.2% in April, a sign that price pressures in the economy are beginning to abate.

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.

The Labor Department said the consumer price index showed that inflation cooled last month, but that underlying price pressures remained stubbornly high.

Inflation likely remained stubbornly high in April as price pressures continue to squeeze household budgets despite Federal Reserve interest rate hikes.

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 President Biden, Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen on matters related to the economy.

A new Federal Reserve survey released on Monday shows that a growing number of banks are tightening their lending standards amid higher interest rates.

Nearly a third of customers have said they were concerned about the stability of the banking system, according to a recent survey by J.D. Power. Here’s what you need to know.

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.