Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

U.S. central bankers project more limited interest-rate cuts in 2025 than the full percentage point of reductions they ...

The central bank has the power to maintain stable prices, and there is more to the President-elect’s economic policy than ...

Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...

U.S., Arab and Israeli officials all tell CBS News that Israel and Hamas have agreed in principle to a ceasefire and ...

More workers will probably continue to be allowed to work partially in the office and partially at home than before the ...

In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...

Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...

A new Federal Reserve Bank of Cleveland analysis shows the city's job market remains below pre-pandemic levels four years ...

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...

Federal Reserve Bank of New York President John Williams said Wednesday that future monetary policy actions will be driven by ...