Federal Reserve

A series of events taking place on Thursday could impact trading including Fed Chairman Powell's testimony on Capitol Hill and weekly jobless claims numbers.

Hundreds of employees in the bank's mortgage business have been caught in the crosshairs as the Federal Reserve has driven mortgage rates higher as it works to bring down inflation.

Former Kansas City Federal Reserve President and CEO Thomas Hoenig weighed in on whether the central bank can avoid a recession while trying to curb 40-year-high inflation.

Federal Reserve Chairman Jerome Powell conceded that avoiding a recession will be difficult as the U.S. central bank hikes interest rates to tame inflation.

Bridgewater Associates founder Ray Dalio is sounding the alarm that the Fed's efforts to bring down inflation will come at a great cost – stagflation.

Federal Reserve Chairman Jerome Powell said on Wednesday that policymakers are committed to tackling inflation and will hike rates until consumer prices start to fall.

FOX Business' Stuart Varney on the pain inflation has inflicted on everyday Americans as a result of Fed Chair Powell and the Biden administration's slow response.

Republicans and Democrats on Capitol Hill are expected to skewer Federal Reserve Chairman Jerome Powell this week over the hottest inflation in four decades.

Here are the key events taking place Wednesday that could impact trading, including Fed Chair Jerome Powell's testimony before Congress.

The U.S. economic outlook is darkening, according to a group of Goldman Sachs strategists, who raised the odds of a recession in the next two years to 48%.

The U.S. economy could slide into a recession next year, according to Bank of America strategists, as the Federal Reserve ramps up its inflation battle with more rate hikes.

Fed Chairman Powell, FedEx and fresh data on housing top events that are likely to move financial markets in the coming days as FOX Business takes a look at the week ahead.

The Federal Reserve's massive rate hike this week has fueled speculation on Wall Street that the U.S. economy is headed for a recession soon as inflation roars.

Recession fears are surging among global executives, with a majority predicting a looming downturn as a result of soaring inflation and rising interest rates, a new survey shows.

Home Depot co-founder Ken Langone discusses the state of the U.S. economy and the impact of the Fed's delay to address inflation as prices continue to rise

The Federal Reserve is focused on tackling inflation and bringing consumer prices closer in line with the central bank's 2% target, Chairman Jerome Powell said on Friday.

A closely watched Federal Reserve tool showed economic growth in the second quarter may have stalled, raising the possibility that the economy is already in a recession.

The Federal Reserve is making a major move to combat inflation by raising interest rates 75 basis points, the highest increase since 1994.

Inflation has sent the cost of everyday necessities - including cars, rent, food and gasoline - soaring last month, weighing on most American families.

Freddie Mac says mortgage rates have surged to the highest level since 2008, the result of rising inflation expectations and higher Federal Reserve interest rates.