The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024. The employment cost index (ECI) ...

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...

Americans are not as confident of the economy as they were a few months back. Markets have been volatile from the beginning of this year as inflation has been showing signs of climbing again, ...

Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...

The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.

Then-President Joe Biden claimed victory in 2023 when egg prices fell by 22%, after tripling during his first two years in ...

Project 2025 threatens federal job security, shifting civil service roles to at-will employment. Explore its impact on ...

U.S. Treasury yields were little changed on Thursday as investors weighed the Federal Reserve's first interest rate decision of 2025.

Those who continue distributing appropriated funds despite the freeze order are standing on firm legal ground.