US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...

The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.

The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...

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

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and ...

Fed Chairman 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 ...

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

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...

Despite the pause this month, the Fed is still expected to resume rate cuts later this year, aiming to hit 2.5% or lower by ...

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

Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...

Tax season is here. That means gathering documents, choosing how to file and, if you're fortunate enough to earn a tax refund ...