Federal Reserve

Harvard University professor Kenneth Rogoff said that a contraction in the U.S. economy in the first quarter is “shocking.”

Federal Reserve Chairman Jerome Powell last week solidified expectations for a half-percentage point rate hike at the central bank's May meeting as officials look to tame red-hot inflation, a move that could have major implications for millions of U.S. households.

Lael Brainard, one of President Joe Biden's four nominees to the Federal Reserve, is poised to become the U.S. central bank's next vice chair after she cleared a procedural hurdle in the U.S. Senate Monday evening with bipartisan support.

The "true magnitude" of inflation may not be reflected in the economic data being reported said Musk.

Wall Street is betting the Federal Reserve will raise interest rates at the steepest pace in over two decades as policymakers look to tame red-hot inflation.

More and more economists are beginning to forecast a U.S. recession in the next two years as the Federal Reserve moves to rein in the hottest inflation in a decade – including one who is frequently cited by the Biden administration.

Federal Reserve Chairman Jerome Powell said Thursday that central bank officials could raise interest rates by 50-basis points in May and subsequent months as they seek to tame the hottest inflation in four decades.

The Federal Reserve may inadvertently trigger an economic recession next year as it moves to tame the hottest inflation in four decades, according to Goldman Sachs economists.

Supply chain bottlenecks, the highest inflation in decades and a persisting labor shortage is weighing on businesses across the country, according to a new Federal Reserve report.

The U.S. economic outlook is dimming and a downturn could be on the horizon as the Federal Reserve moves to tame the hottest inflation in four decades, according to Fannie Mae economists.

Morgan Creek Capital Management Mark Yusko discusses Federal Reserve’s response to inflation.

U.S. housing sales are heating up this spring, and although rising mortgage rates have threatened to cool demand, Americans still expect home prices to surge higher this year, a Fed survey shows.

Consumers are revising their future financial plans due to high inflation, according to a new survey from Nationwide.

The United States economy is facing economic risks from three factors across the globe, according to a new Bank of America outlook. Here's how they could affect your wallet.

President Biden will nominate Michael Barr to be vice chair for supervision of the Federal Reserve after the failed nomination of Sarah Bloom Raskin.

Creditworthy borrowers may want to take out a personal loan to consolidate debt or cover an unexpected expense while annual percentage rates are near record lows.

Wholesale prices surged again in March as strong consumer demand, pandemic-related supply chain snarls and the Russian war in Ukraine continued to fuel the highest inflation in decades.

Inflation rose in March at the fastest pace in 1981, ratcheting up pressure on the Federal Reserve to move even more aggressively to tame soaring consumer prices.

The Federal Reserve released its minutes, which showed it will continue reducing its balance sheet and raising interest rates.

Steve Forbes, chairman and CEO of Forbes Media, weighed in on the latest inflation data, blasting the Federal Reserve for its approach to curb price hikes.