Federal Reserve

The University of Michigan's consumer sentiment index rose less than expected in September as Americans' confidence in the economy remains near a historic low.

The World Bank warned in a new report Thursday that the global economy could be careening toward a recession as central banks raise interest rates higher.

The Commerce Department released new retail data on Thursday morning, revealing how consumers have responded to a decline in gas prices even as other inflation remains high.

The federal government's borrowing costs on nearly $31 trillion in debt are expected to rise in coming months as the Federal Reserve keeps lifting interest rates.

Traders are watching for progress in talks to avert a railroad workers strike as the deadline of Friday morning approaches. A strike could cripple the nation's struggling supply chain.

Hotter-than-expected inflation data released this week could force Federal Reserve policymakers to take historic action and approve a 100-basis-point interest rate hike.

Inflation improved slightly in August, and economists said the Fed will likely continue raising interest rates to bring it down further.

The producer price index, which measures inflation at the wholesale level before it reaches consumers, remains at a multi-decade high, the Labor Department said on Wednesday.

August inflation data came in hotter than expected, raising the odds of an even more aggressive Federal Reserve interest rate hike when policymakers meet next week.

Inflation rose faster than expected in August, squeezing U.S. households in the form of higher prices for everyday necessities like groceries, rent and electricity.

Former White House OMB director Russ Vought argued Biden's continuous spending and bad regulations make the Fed's job of reducing inflation much harder.

Red Apple Group Chairman and CEO John Catsimatidis discusses the Biden administration's attacks on the fossil fuel industry and the Fed's handling of inflation.

Former Congressional Budget Office Director Douglas Holtz-Eakin warns the state of the economy is about to get "messy" as job, housing and retail growth slows with Fed policy.

The Labor Department released the latest inflation data set on Tuesday, revealing just how hot consumer prices ran in August as the Fed tries to cool the economy.

The August inflation data out Tuesday morning is expected to show that consumer prices slowed in August, but that likely won't be enough to mollify the Federal Reserve.

The New York Federal Reserve released a new survey on Monday revealing that American households expect inflation to cool slightly over the next three years.

Chris Waller, governor of the U.S. Federal Reserve, talked about interest rates, inflation and recession fears Friday at a conference in Vienna, Austria.

Ark Invest CEO and CIO Cathie Wood believes the Fed could get inflation down to 3% in the short-term as commodity prices deflate and the U.S. faces an "inventory recession."

David Rubenstein, the multibillionaire co-founder of The Carlyle Group, thinks the Federal Reserve will face difficulty in bringing down high inflation.

Federal Reserve Chair Jerome Powell is flexing his muscle again, saying policymakers won't botch the fight to tame inflation that is still running near a 40-year high.