Federal Reserve

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.

The Labor Department reported on Tuesday that there were 10.7 million job openings at the end of August, higher than economists expected as the labor market remains tight.

American voters are extremely focused on the inflation and the economy in the run-up to the midterm elections, a potential boon to Republican candidates.

FOX Business host Larry Kudlow laid out the price surge under the Biden Administration and the impact it's having on the midterms on 'Kudlow.'

The Federal Reserve is unlikely to back away from its inflation fight soon, according to a new survey of Bloomberg economists, who see rates climbing above 5% by 2023.

Sales of previously owned homes tumbled in September as home ownership became increasingly unaffordable for many prospective buyers thanks to higher mortgage rates.

Inflationary pressures in the economy remain strong, a worrisome sign for the Federal Reserve as it tries to crush runaway prices without triggering a recession.

Inflation may take some time to normalize, according to former Treasury Secretary Larry Summers, who pointed to the history of developed nations since the 1970s.