Federal Reserve

Federal Reserve officials have said in recent days that they plan to continue hiking rates until there's clear evidence inflation is falling, despite fears of a slowdown.

Former Toys 'R' Us CEO Gerald Storch explained the consequences of the Federal Reserve's actions to curb inflation, arguing that it is taking a "stake to the heart" of consumers.

Workers remain in the driver's seat when it comes to job hunting with the number of positions remaining near record levels.

Fed Reserve Bank of Minneapolis CEO and President Neel Kashkari told CBS' "Face The Nation" Sunday that the current state of inflation is "very concerning."

Stock investors celebrated a strong July as the Dow, S&P and Nasdaq notched big gains despite no shortage of downbeat news on the U.S. economy. Can the gains continue?

Sen. Sherrod Brown criticized the Federal Reserve chair in a recent Fox Business interview, saying his talk of inflation being transitory mislead the president.

Former Atlanta Federal Reserve president and CEO Dennis Lockhart predicts the U.S. economy will see "hot" inflation and employment, coupled by low GDP growth, through 2023.

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

Harvard University economics professor Kenneth Rogoff discussed what would lead to a deep recession as data revealed a contraction in the U.S. economy in the second quarter.

The Federal Reserve raised interest rates again at its July meeting, marking its second 75-basis point hike this year. Here's how that affects your wallet.

The Commerce Department released its first reading of second-quarter GDP data on Thursday, offering fresh insight into the health of the U.S. economy as inflation rages.

The U.S. economy likely slowed markedly in the second quarter of the year with GDP rising by just 0.5% — or even declining — in the period from April to June.

FTN Financial Chief Economist Chris Low discussed what he believes will prompt the Federal Reserve to stop acting aggressively in an attempt to bring inflation under control.

The Chinese Foreign Ministry spokesperson accused U.S. lawmakers of having "Chinaphobia" after the release of a Senate report on meddling in the 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.