Monetary policy in the United States is determined by the Federal Open Market Committee (FOMC), a decisionmaking body that ...

The markets have experienced a week filled with cautious observation and data releases that could shape economic decisions in ...

Federal Reserve Bank of Chicago President and CEO Austan Goolsbee believes the U.S. economy remains on track to reach the Fed ...

The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended ...

Central bank needs to mix playing defence with going on the offensive with a new policy framework and improved communication ...

Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, ...

Personal Consumption Expenditures Price Index Expected at 2.2% Annual Rate Economic forecasts anticipate the personal consumption expenditures (PCE) price index to register a 2.2% annual rate for ...

Major U.S. stock indexes were headed mostly lower in Wednesday's final hour of trading after minutes of the Federal Reserve's May 6-7 meeting appeared to emphasize the risks of higher inflation. In an ...

Inflation remains above the Federal Reserve's 2% target ... of the far more economically important service sector provides insight into the mindset of the consumer,” said Joseph Brusuelas ...

PCE inflation data; first-quarter GDP update; Fed representatives speaking; consumer confidence; earnings from Nvidia, ...

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher ...

However, the Federal Reserve has adjusted its inflation targets ... readiness to intervene if jobless claims rise, coupled with insights from Fed presidents engaging with companies and CEOs ...