Fed awaits clarity on latest tariff proposals Goolsbee said on “Squawk Box” when asked about Trump’s new actions. “Over the ...

Quantitative Tightening (QT) and lower interest rates have narrowed the Fed's asset/liability mismatch, reducing operating ...

The latest data from the Bureau of Labor Statistics confirm that the Federal Reserve has made a lot of progress on inflation.

Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher inflation and slower growth.

Raising or lowering the federal funds rate -- the overnight interest rate between banks -- creates a domino effect. Credit card issuers often follow the Fed's lead, increasing or decreasing their APRs ...

Federal Reserve Chair Jerome Powell addresses the Economic Club of Chicago at a luncheon at the Hilton last month in Chicago. Powell shared his view of the current state of the U.S. economy, saying ...

The Fed, aiming to tamp down on historically high inflation, approved a 0.25 percentage point interest rate hike and reportedly expect to rise rates six more times this year. Americans caught a ...

If both risks were to materialize, and inflation were to rise at the same time unemployment goes up, that would make it ...

At a news conference May 7 after the Fed held interest rates steady, Chair Jerome Powell repeatedly ... But he also repeated that its main job is to ensure that a one-time price increase from tariffs ...

Following World War II, Congress imposed mandates on the Federal Reserve in the areas of employment, inflation, and interest ...

It’s not going to be that in June we’re going to understand what’s happening here, or in July,” the NY Fed chief said Monday.