Federal Reserve

Atlanta Federal Reserve President Raphael Bostic said Friday that government spending is "somewhat of a headwind" for reducing inflation.

World Bank President David Malpass responds to Fed Chair Jerome Powell's concern over combatting inflation and the options world governments have to increase production.

Federal Reserve Chairman Jerome Powell warned that interest rates will remain elevated for "some time," raising the odds on Wall Street of another 75 basis point increase.

Federal Reserve Bank of Atlanta President Raphael Bostic says his colleagues "don't know how much" job loss or economic impact could result from a hot inflation pace.

Federal Reserve Chairman Jerome Powell pledged to cool historically high inflation, but warned that higher interest rates could bring "pain" to the economy.

The personal consumption expenditures index, which is closely watched by the Federal Reserve as it tries to wrestle inflation back to 2%, rose again in July.

The main event of the week will be Fed Chairman Jerome Powell's speech on the economy and interest rates at the annual Jackson Hole meeting on Friday.

Fed Chair Jerome Powell will have the attention of economists and central bankers on Friday when he gives a speech at the Jackson Hole gathering.

Uncertain of when an inflation "resting point" will be, Federal Reserve of Kansas City President Esther George says she's undecided on a 50 or 75 basis-point rate hike at Jackson Hole.

The Commerce Department said in its second reading of second-quarter GDP data on Thursday that the economy shrank less than was initially reported in the spring.

Traders will keep their eyes on some important data points in Thursday's session including a GDP revision and jobless claims. The Fed's annual symposium will also get underway in Wyoming.

A majority of economists think the Federal Reserve will trigger a recession with its war on inflation, with a new survey showing 72% have forecasted a downturn next year.

Regal Cinemas owner Cineworld, may file for Chapter 11 as a strategic option after ticket sales have fallen and costs rise. Retail earnings reports and home sales data are also on tap.

JPMorgan Chase strategists expect the Federal Reserve to approve another mega-sized interest rate hike when they meet next month, but to slow the pace of increases after that.

The New York Federal Reserve said in survey published on Monday that fewer workers switched jobs in July, a sign the "Great Resignation" may be starting to cool off.

The Conference Board's leading economic index dropped for the fifth consecutive month, suggesting the U.S. economy is slowing and could be headed for a recession.

A majority of corporate executives expect the U.S. economy to slide into a recession within the next year as they confront painfully high inflation and a labor shortage.

The latest Federal Reserve meeting minutes showed that the Fed governors believe interest rates should remain "restrictive" in the coming months.

Sales of previously owned homes plunged in July for the sixth consecutive month as rising borrowing costs and higher housing prices pushed prospective buyers out of the market.

The U.S. housing market is starting to cool off considerably as the Federal Reserve raises interest rates at the fastest pace in decades in order to cool inflation.