The lingering effects of high inflation coupled with high interest rates have made it harder in recent years for many Americans to get ahead.

Yes. Real median wages, or the inflation-adjusted amount of money the middle earner makes, have risen in the U.S. since the 1980s.

Inflation fell more than expected, dropping nearly to the Federal Reserve's target of a 2% annual rate by one measure.

The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended closer to the central bank's target.

The personal consumption expenditures price index, the Federal Reserve's key inflation measure, increased just 0.1% for the ...

USD/JPY slips as Tokyo inflation tops BoJ target; all eyes now on US PCE data and Fed rate path to gauge next move.

The general business activity index rose nearly 21 points, its largest monthly increase since 2020, but remained in negative ...

WASHINGTON — The Federal Reserve kept its key interest rate unchanged Wednesday ... it would reduce rates to spur more spending and growth. At a press conference after the release of the policy ...

The Reserve Bank has cut interest rates amid greater confidence that the inflation battle is won, and will remain won, even if borrowing rates fall further from here.

Wall Street’s main indexes were set to end the week on a high note, thanks to a temporary truce in the U.S.-China trade war. The S&P 500 was on track for its fifth straight daily gain, with all three ...

WASHINGTON (Reuters) -President Donald Trump on Saturday said in a social media post the U.S. Federal Reserve should cut rates "sooner, rather than later." Trump also criticized the head of the ...

San Francisco: President Trump is threatening a hostile takeover of the Federal Reserve, having issued social and mainstream media broadsides against the independence of Chairman Jerome Powell.