Federal Reserve

Federal Reserve Chairman Jerome Powell said Wednesday that the strong labor market likely means the U.S. economy is not in a recession, despite growing fears.

The Federal Reserve on Wednesday approved another super-sized interest rate hike as it tries to tackle inflation, which hit another record-high in June.

Bacon, egg and cheese, a New York City breakfast tradition, is reportedly being hit by inflation. Bodega owners have had to increase costs for the sandwich.

Rising mortgage rates and higher home prices have forced entry-level homebuyers out of the market – evidenced again by a big decline in pending home sales.

The Fed is widely expected to raise the Federal Funds rate by three-quarters of a percentage point, even as a new report reveals China has tried to undermine American monetary policy.

For nearly a decade, China has been targeting Federal Reserve employees in an attempt to undermine American monetary policy, according to a Senate report.

Purchases of new single-family homes declined considerably in June as a combination of high prices and rising mortgage rates pushed potential homebuyers out of the market.

FOX Business' Stuart Varney discusses the impact of the Biden administration's policies on the country's economic status as Americans face the challenge of rising prices.

The International Monetary Fund warned the global economy could soon fall into a recession amid a confluence of threats, including inflation and the war in Ukraine.

The Federal Reserve is expected to approve another massive interest rate increase at the end of its two-day meeting on Wednesday as it ramps up its inflation battle.

Tuesday morning brings two major housing reports -- May home prices and home sales for June -- as well as reports measuring July consumer confidence.

The Federal Reserve is expected to raise interest rate this week by an estimated three-quarters percentage point which puts the target range between 2.25% to 2.5%.

Traders will be looking at quarterly results from 12 Dow members and 170 S&P 500 companies this week, including Alphabet, Microsoft, GE and Comcast.

Treasury Sec. Janet Yellen predicted Sunday that the Federal Reserve's anti-inflation policies will be "successful" after previously admitting she'd been wrong about inflation.

Consumer demand for homes is dying down as mortgage rates rise. With an interest rate hike expected from the Fed next week, rates could continue to move higher. Here's how you can get the best interest rate.

European Central Bank raised interest rates by half a percent which exceeded expectations and devised a plan to purchase debt of Europe's most vulnerable economies.

There is a "dire level" of pessimism among fund managers, according to a new Bank of America survey, which painted a bleak picture of sentiment on Wall Street.

The US equity funds' net assets decreased by 2 trillion dollars in large part to increased interest rates by the federal reserve coupled with record 41-year high inflation.

The Federal Reserve could approve a historic, 100-basis point interest rate hike when they meet at the end of July following the sizzling-hot inflation data released this week.

Inflation accelerated more than expected in June, and economists say it could be a "long, hard slog" before prices begin to normalize, despite strong action by the Federal Reserve.