Federal Reserve

With midterm elections underway, voters will head to the polls as they remain concerned about the state of the economy amid the hottest inflation in decades.

Midterm election years are historically a bonus for investors, yet this year, with inflation and recession woes, more headwinds exist. The S&P 500 is down 20%.

As Americans see their purchasing power get squeezed out by inflation, here's what you can do to stay on track.

Rising mortgage rates and high home prices have brought consumer confidence in the U.S. housing market to the lowest level in over a decade, according to Fannie Mae.

Federal Reserve Bank of Minneapolis president Neel Kashkari reinforces Jerome Powell's take that more interest rate hikes will be necessary to tackle inflation.

The economy added 261,000 new jobs in October, indicating economic growth, according to the latest jobs report from the Bureau of Labor Statistics.

ECB President Christine Lagarde said central bankers must be "prepared to take the necessary decisions, however difficult, to bring inflation back down.

October's job report signals the Federal Reserve is facing more challenges in its quest to cool the economy and tame inflation that remains near a 40-year high.

A widely anticipated 75 basis point interest rate hike was announced by the Federal Reserve on Wednesday.

Harvard economist Ken Rogoff argues the chances of a "significant" U.S. recession are "pretty high," and labor will soon catch up with the Fed's rate hikes.

While the housing market could bring the economy into a recession next year, it could also bring it out, economists at the Mortgage Bankers Association (MBA) conference said.

Federal Reserve Chairman Jerome Powell signaled on Wednesday that more interest rate hikes are coming as the U.S. central bank struggles to get inflation under control.

The interest rate on personal loans is much lower than the one on credit cards, according to the Federal Reserve Bank of St. Louis. Here’s how you can use these lower interest rates to pay down debt.

The Federal Reserve enacted its fourth consecutive 75-basis-point interest rate hike as it attempts to cool inflation without triggering an economic recession.

Private companies onboarded 239,000 new workers in October despite growing concerns that the Federal Reserve will trigger a recession with its war on inflation.

Traders will be watching Wednesday for an expected interest rate hike from the Federal Reserve and comments from Chairman Jerome Powell, and multiple labor-related and earnings reports.

The Fed is expected to increase the benchmark federal funds rate by 75 basis points at the conclusion of its meeting on Wednesday in order to fight inflation.

American consumers could soon pay more to heat their home as the cost of diesel – the fuel used for trucking – surges amid the worst supply crunch in decades.

Former Kansas City Federal Reserve president Thomas Hoenig says the Fed should be "very careful" to "not signal" their next move at Wednesday's meeting.

The Federal Reserve is acting with a "disregard" for Americans' lives as it tries to crush inflation, even at the cost of higher unemployment, Democrats say.