The Fed is now hemmed in by a rising risk of stagflation. It doesn‘t know where the economy is headed, or is unwilling to ...

Federal Reserve Chair Jerome Powell addresses the Economic Club of Chicago at a luncheon at the Hilton last month in Chicago.

The Federal Reserve on Wednesday opted to hold interest rates steady once again as President Donald Trump’s tariffs take hold ...

The prime rate is tied to the Federal Reserve’s target interest rate and is typically three percentage points above it If you ...

The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...

Inflation rose slightly in April and remained above the Federal Reserve's target rate as the economic impact of higher tariffs is expected to impact consumer prices in the coming months.

Talk of lowering the Reserve Bank’s inflation target has dashed hopes for interest rate cuts any time soon in South Africa – ...

Part of the Fed’s role is managing pricing stability and employment with interest rate adjustments. According to the FOMC, an annual target increase in inflation of 2% is consistent over the ...