Federal Reserve

The Federal Reserve will issue its latest interest rate decision following the latest policy meeting this afternoon with another big hike expected.

The Federal Reserve is likely to approve the third straight 75-basis-point interest rate hike on Wednesday as it further intensifies its war on inflation.

As the Federal Reserve raises interest rates to fight inflation, the federal government's borrowing costs on its nearly $31 trillion in debt are expected to skyrocket.

Rising interest rates and expensive building supplies are starting to cool the housing market, but construction of new U.S. homes unexpectedly climbed in August.

Goldman Sachs economists say the US central bank will raise interest rates four more times between now and 2023, keeping rates high until 2024. The two-day FOMC meeting starts Tuesday.

Goldman Sachs economists see the Federal Reserve raising interest rates until 2023 to a range of 4.25% to 4.50% and then holding there for a year as they fight inflation.

Larry Summers has said the Federal Reserve has to remain "firm and resolute with respect to inflation." The former Treasury Secretary believes the central bank should continue to raise interest rates.

Former Reagan economist Art Laffer discusses the Fed's attempt to control inflation as the U.S. faces mounting economic challenges ahead of the 2022 midterms

Builder sentiment in the market for single-family homes tumbled in September to the lowest level in two years, indicating the housing market is officially in a recession.

Skyrocketing costs have caused 'Disney World enthusiasts' to say the Florida theme park has 'lost it's magic.' Corporations are showing signs of a dire outlook for the U.S. economy.

FOX Business takes a look at the upcoming events likely to move financial markets in the coming days, including the Fed's latest decision on interest rates.

Goldman Sachs is cutting its forecast for U.S. Growth Domestic Product in 2023 to 1.1% from 1.5% as monetary policy tightens.

In an atmosphere that features crazy market swings and rising interest rates, investors are looking to cash for safety.

Ray Dalio, the founder of Bridgewater Associates, said in a post this week that interest rates will need to rise substantially in order to fight inflation.

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.