Federal Reserve

Risk aversion amid growing fears about a global recession has sent investors fleeing toward the greenback as a safe haven, but a strong U.S. dollar has both pros and cons.

Federal Reserve Vice Chair Lael Brainard warned Friday that central bank policymakers will need to raise interest rates higher and keep them elevated for some time to fight inflation.

A key measure of inflation that is closely monitored by the Federal Reserve rose faster than expected in August as prices remain near a four-decade high.

The Federal Reserve Board announced Thursday that it will conduct a climate risk analysis involving six of the largest U.S. banks beginning next year.

Several Federal Reserve officials this week endorsed additional interest rate hikes as the central bank tries to bring inflation under control by slowing the U.S. economy.

Applications for unemployment insurance fell again last week, indicating that employers are still avoiding layoffs in the historically tight labor market.

The Commerce Department said its final reading of second quarter gross domestic product data on Thursday shows the economy shrank 0.6% in the spring, indicating the start of a recession.

The Commerce Department will release the third and final estimate of Q2 GDP on Thursday, providing evidence over whether the economy is in a recession.

Duquense Family Office CEO Stanley Druckenmiller is anticipating a recession next year, warning that the economic downturn could be "really bad," as the Federal Reserve tightens monetary policy with continued interest rate increases

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

The Federal Reserve's fight against inflation and a housing shortage could send mortgage rates soaring above 7%, according to Bank of America economists.

Wharton business school professor argues the Federal Reserve's "inexcusable" monetary policy has created the inflation crisis on "Cavuto: Coast to Coast."

New single-family home purchases surged nearly 29% in August from the previous year, jumping more than expected as homebuyers tried to lock in lower mortgage rates.

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.