Federal Reserve

Interest rates are likely to go higher than the Fed previously forecast with inflation remaining abnormally high, according to Goldman Sachs economists.

The 10-year and 2-year U.S. Treasury yields are up on Tuesday as Wall Street traders consider the potential of additional rate hikes from the U.S. Federal Reserve.

Sales of previously owned homes fell 0.7% in January from the prior month due to higher mortgage rates, according to the National Association of Realtors.

The worlds largest retailer, Walmart, lowered its economic outlook on concerns about margins as consumers shop for bargains in a high inflationary environment.

The Fed's interest-rate hike campaign is "not getting much traction," raising the risk that the U.S. hits the brakes "very, very hard," Larry Summers said.

A surprisingly hot inflation report this week has boosted the odds the Federal Reserve raises interest rates by 50 basis points at its meeting in March.

U.S. households are racking up credit card debt as they confront relentlessly high prices for everyday necessities, the New York Federal Reserve reported Thursday.

Inflation at the wholesale level rose faster than expected in January as stubbornly high producer prices persist, the Labor Department said Thursday.

The Biden administration is reportedly looking at former Obama economic adviser Austan Goolsbee as an option to replace Lael Brainard as vice chair of the Federal Reserve.

Builder sentiment in the market for single-family homes climbed in February to the highest level since September as mortgage rates fall from a peak high.

Americans continued to spend at restaurants, bars and other retail stores in January even as they confronted high inflation and rising interest rates.

The Consumer Price Index (CPI), a measure of inflation, rose 6.4% year-over-year in January, a slight slowdown from the 6.5% increase in December.

President Biden is appointing two top economic advisors for his administration on Tuesday amid economic uncertainty and high rates of inflation in January.

The Federal Reserve will likely continue to keep raising interest rates to get a firmer grip on inflation, Federal Reserve Governor Michelle Bowman said Monday.

The economy is sending mixed messages about its health, with one expert dubbing the phenomenon a "rolling recession" where sectors take turn contracting.

An Apple artificial intelligence event as well as earnings from Biogen, Cisco Systems and Marriott Hotels set the stage for a busy week on Wall Street.

Used-vehicle prices rose in January at the fastest monthly pace since 2021, a sign that underlying inflationary pressures in the economy remain strong.

The Federal Reserve may be forced to raise interest rates higher than expected if high inflation persists, according to JPMorgan Chase CEO Jamie Dimon.

Inflation has been cooling in recent months, but studies have reported that it’s still a concern for many Americans. Meanwhile, some experts debate whether a recession will occur in 2023. Here’s how to pay down debt quickly in a volatile economy.

The stronger-than-expected January jobs report has prompted some Federal Reserve officials to say that interest rates may need to go higher than projected.