Federal Reserve policymakers were still willing to raise rates if the economy surprised them, notes from their most recent meeting suggested. By Jeanna Smialek Jeanna Smialek covers economics and ...
The latest meeting minutes released by the U.S. Federal Reserve show that central bank officials remain concerned about persistent inflation. Minutes from the April 30 to May 1 meeting of the ...
The Federal Reserve kept its benchmark rate in a range of 5.25% to 5.5%, the same level where it's been parked since July ...
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence to move forward on interest rate reductions.
The Federal Reserve will announce its next interest rate decision on June 12. Here's what to expect — and what it means for ...
Sales at U.S. retailers barely rose in May, suggesting Americans are feeling the weight of lingering inflation and high ...
The Fed pared its forecast to 1 rate cut in 2024 despite Wednesday's CPI report which showed a further inflation slowdown.
Prices rose 3.3 percent in the year through May, a deceleration in inflation that gives some relief to consumers. Federal ...
Consumers barely increased spending in May from April as still high prices on groceries and other necessities and high interest rates curbed spending.
Crude oil futures remained firm on Thursday following an encouraging round of economic data suggesting that inflation may be waning in the United States. WTI futures ultimately gained 3.87% over the ...