Federal Reserve

Interest rates will need to remain elevated for "some time," according to Federal Reserve Vice Chair Lael Brainard, as the central bank tries to tame inflation.

Former White House OMB Director Russ Vought argues Biden's economic policies are driving the Fed to raise interest rates and pushing the economy into recession.

A new NABE survey released on Monday shows that panelists think the U.S. economic outlook is increasingly skewed to the downside as the Fed hikes interest rates.

Cyderes CEO and "Shark Tank" star Robert Herjavec argues the economy will "hit a wall" and stop growing if the Federal Reserve continues its aggressive rate hikes.

The award to Bernanke cited a 1983 publication establishing bank failures as key to the transformation of an economic recession into the most severe depression of the 20th century.

Economist Mohamed El-Erian said Sunday that while the U.S. economy is heading in the right direction, the Federal Reserve may make another error that could bring a recession.

Treasury Secretary Janet Yellen called the oil production cut by OPEC+ "unhelpful and unwise" for the global economy.

The September jobs report is unlikely to deter the Federal Reserve from approving a fourth straight 75-basis-point interest rate hike when officials meet next month.

The Labor Department reported on Friday that U.S. employers added 263,000 workers in September, with hiring at bars and restaurants helping to boost the headline number.

The Labor Department's September jobs report provided a key snapshot of the labor market's health amid growing fears that the U.S. is headed for a recession.

The Labor Department will release the September jobs report on Friday morning, which is expected to show that hiring slowed but remained healthy last month.

New applications for unemployment benefits increased more than expected last week as the job market starts to cool off amid the Federal Reserve's fight against inflation.

Global trade is expected to grind to a halt next year as a result of a convergence of economic crises including spiking energy prices and higher interest rates.

Private companies onboarded 208,000 new workers in September despite growing concerns that the Federal Reserve will trigger a recession with its war on inflation.

Wall Street firms predict a sharp decline in U.S. home prices in coming months as the Federal Reserve raises interest rates at the fastest pace in decades.

Federal Reserve Governor Philip Jefferson said on Tuesday that central bank policymakers are "resolute" in wrestling inflation back under 2% with higher rates.

The Labor Department reported on Tuesday that there were 10.1 million job openings at the end of August, lower than economists expected as the labor market cools off.

Recessionary fears are top of mind for the nation's CEOs, many of whom are positioning their businesses for a sharper downturn.

The United Nations on Monday warned that the Federal Reserve could drag the global economy into a recession with its rate-hike campaign design to crush inflation.

High inflation and rising borrowing costs have proven to be a lethal combination for the housing market, forcing potential buyers to pull back on spending.