Federal Reserve

The Federal Reserve would eliminate at least 1 million jobs as it tries to rein in runaway inflation with the most aggressive interest rate hikes in decades.

Home prices in July climbed 15.8 compared with the same month one year ago, a sign that steeper borrowing costs may be starting to cool the housing market.

The Bank of England said on Monday it would not hesitate to raise rates and is monitoring markets in response to the new government's financial plans.

The bond market is crashing as the Federal Reserve hikes interest rates to combat inflation, a warning sign for the U.S. stock market, according to Bank of America.

The OECD warned Monday that the global economy is headed for a slowdown as a result of Russia's war in Ukraine and the hottest inflation in decades.

Traders will be carefully listening to what a handful of Fed officials have to say following the latest interest rate hike. Gasoline prices in the U.S. are also on the rise again.

Investors continued to dump U.S. stocks as fears grow that a potential recession will be deeper than initial forecasts as the Federal Reserve attempts to tame inflation.

U.S. investor sentiment has dropped to its lowest level since the 2008 financial crisis as the Federal Reserve raises interest rates, according to Goldman Sachs analysts.

Former Toy 'R' Us chair and CEO Gerald Storch criticizes Jerome Powell's Federal Reserve for their narrow focus on monetary policy as they fight inflation.

The Federal Reserve will continue to rattle markets this year with its rate hike path, according to Goldman Sachs, which sees the S&P ending the year at 3,600 points.

Former Federal Reserve Board nominee Judy Shelton offers insight into the Fed's strategy to combat inflation, warning the crisis could become more 'serious.'

The U.S. housing market is in a recession, and prices are likely to plunge 20% over the next year as rising mortgage rates take their toll on consumer demand.

Treasury Secretary Janet Yellen sees inflation coming under control next year due to a variety of factors. Those factors include investments in clean energy.

The Federal Reserve will likely succeed in its mission to cool inflation without causing unemployment to rise too high, according to Treasury Secretary Janet Yellen.

The Fed's September meeting ended with yet another 75-basis point rate hike.

Japan intervened in the foreign exchange market to buy yen for the first time since 1998, to shore up the battered currency against the strong US Dollar.

The Federal Reserve is likely to hike interest rates even more aggressively than initially believed as they try to combat inflation, according to Goldman Sachs economists.

Citizens United President David Bossie discusses the inflation pain that could lead to a recession if Biden and the Democrats don't rollback harmful economic policies.

The Bank of England is taking steps to increase rates while avoiding more aggressive actions to tame inflation as the threat recession looms.

Former OMB director Russ Vought responds to the Fed's latest rate hike, arguing the Biden administration's economic policies are making the Fed's job 'harder.'