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

A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, ...

Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...

Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...

Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...

U.S. stock index futures held on to their gains on Friday, as an in-line inflation reading did little to alter market ...

Fed Chair Jerome Powell said earlier this week he expects inflation to turn lower again, but he did not say when he expected it to happen. The most recent Fed forecast shows PCE inflation ending 2025 ...

These are today's mortgage and refinance rates. Mortgage rates may not fall much this year unless inflation shows further signs of slowing.

Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...

Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...

The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.

The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...