Federal Reserve

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.

The Federal Reserve released its region-by-region report known as the Beige Book, which showed that most districts expect economic growth to slow down further next year.

Federal Reserve Vice Chair Lael Brainard signaled on Wednesday that policymakers are prepared to fight inflation for as long as needed until prices start to cool.

Inflation showed signs of slowing down in July, but consumer prices remain well above the nation's 40-year high in certain parts of the country, the Labor Department reported.

Housing sector activity will likely slow sharply in coming months, according to Goldman Sachs economists, with price growth eventually falling to zero.

The Federal Reserve likely triggered a recession in the housing market with its interest rate hike campaign as rising borrowing costs price out first-time buyers.

The U.S. economy is likely headed for a recession as the Federal Reserve raises interest rates at the fastest pace in decades, according to Bank of America strategists.