Federal Reserve Chairman Jerome Powell reiterates the Fed’s commitment to lowering inflation. The Federal Reserve Open Market ...

The fresh data provides the latest evidence that inflation has turned a corner and is decelerating, though the process is gradual and bumpy at times ... just one more rate increase this year. Jerome H ...

The Fed's job of fighting off high inflation has gotten a lot trickier lately For many Americans enduring higher prices, ...

January data shows that inflation as gauged by personal consumption expenditures ... Even so, we have more work to do," he said, adding that the road there could be "bumpy." Powell speaks Tuesday ...

Because the Federal Reserve believes recent troubles in the banking system are likely to mean tighter credit conditions for ...

The Federal Reserve is grappling with a hazier economic picture, clouded by turmoil in the banking industry and still-high ...

The Fed would likely welcome slower growth, which would help cool inflation. But few economists are sure what the effects would be of a pullback in bank lending.

"We expect 2023 to be a year of significant decline in inflation," Powell said in February. "This process is likely to take ...

The Federal Reserve announced another 25 basis point interest rate increase, bringing the federal funds rate to a targeted ...

Last week, the U.S. Federal Reserve raised interest rates by 0.25% amid banking turmoil, marking the ninth increase in a year ...

Three banks have failed, and several more are on the docket for downgrades by credit rating agencies. The post mortem of a ...

Global markets were rattled again by two new problems, injecting a new dose of fear into an already on-edge banking sector.