Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...

October inflation readings out this week have shown little progress toward the Fed's 2% inflation target, putting into ...

The central bank’s inflation fighters have been satisfied enough with the improvement to cut their benchmark interest rate ...

October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting ...

Inflation remains substantially lower than it did during its 2022 peak — but Americans are still frustrated with high prices.

The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...

Powell's comments come as investors seek hints of the Fed's intended easing path after a 25 basis point cut last week.

Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...

Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...

Economists on Wall Street and at the Fed have been expecting inflation to continue to cool back to normal levels over the coming months and years. That is why Fed officials have been cutting interest ...

Traders added to wagers that the Federal Reserve will cut interest rates by another quarter point next month after in-line inflation data, spurring gains for Treasury debt. The rally trimmed yields on ...