Federal Reserve

The May consumer price report, released on Friday, sheds light on whether inflation is peaking, or whether consumers will continue to face rising costs in coming months.

The May inflation report is expected to show that consumer prices accelerated again last month, with soaring consumer prices continuing to inflict financial pain on most Americans.

The Federal Reserve Bank of Atlanta's closely watched GDP tracker shows that GDP growth likely cooled markedly in the spring, meaning the economy could easily tip into a recession.

Former Chase chief economist Anthony Chan reacts to his friend JP Morgan Chase CEO Jamie Dimon's warning that a "hurricane" is on the horizon for the economy.

Mendon Capital Advisors president and CIO Anton Schutz compared the current market turbulence to when the dot-com bubble burst and warned that markets “may not have found a bottom yet.”

The Labor Department's May jobs report came in better than expected, paving the way for a series of half-point rate hikes at upcoming Federal Reserve meetings.

The Federal Reserve may successfully engineer a "soft landing," and bring inflation down without causing a recession, according to Goldman Sachs economists.

The Federal Reserve may trigger a recession with its war on inflation, but economists think the downturn will be a mild one.

The U.S. economy continued to see healthy job growth in May, indicating the labor market is still strong despite headwinds from rising interest rates, soaring inflation, a worsening labor shortage and fears of a slowdown.

The Labor Department's May jobs report is expected to show that while payroll growth continued at a modest pace, it slowed markedly from previous months.

Economists from Credit Union National Association (CUNA) predict that the Federal Reserve's fight against inflation could send interest rates soaring and also spur a recession as soon as next year.

The Federal Reserve said in a new report Wednesday that inflationary pressures, a labor shortage and supply chain bottlenecks continued to weigh on businesses.

Federal Reserve officials will begin winding down their massive balance sheet on Wednesday at a combined monthly pace of $47.5 billion.

Former Trump economist Stephen Moore sees an inflation plateau providing some relief soon, but "very high prices" will last another "18 months or so."

FOX Business' Stuart Varney discusses President Biden's failure to address the country's energy production as he rolls out his plan to tackle inflation.

President Biden and Federal Reserve Chairman Jerome Powell will focus on the U.S. economy, particularly soaring inflation, during a rare White House meeting on Tuesday.

The odds of an economic downturn in the United States over the course of the next 12 months are somewhere between 35% and 40%, according to economist Greg Daco.

A New York Fed survey shows that most U.S. households think the high inflation environment will not fade over the next 12 months.

The Fed's preferred gauge to track inflation climbed 4.9% in April from the previous year, close to the highest level since 1983.

Former Philadelphia Federal Reserve President Charles Plosser argued, Thursday, that the central bank should have acted sooner to curb soaring inflation.