Despite a partial rebound the past two trading days, the U.S. stock market is down sharply from its record high in mid-February and could use a shot in the arm. Don’t expect the Federal Reserve ...

The Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome ...

The Federal Reserve took a wait-and-see approach to an uncertain US economy Wednesday, opting to leave interest rates unchanged at the close of its March meeting. That decision leaves the ...

The Personal Consumption Expenditures Price Index (PCE), the Federal Reserve's preferred inflation metric over the past 25 years, came in hotter than expected recently and Wall Street wasn't pleased.

Tariffs took center stage during the news conference with Jerome H. Powell, the Fed chair, on Wednesday. transcript The Trump administration’s tariffs most likely mean “further progress may be ...

The Federal Reserve admits it badly misjudged the beginning of the inflation crisis, but officials hope they won’t make the same mistake again. President Donald Trump’s tariffs are about to ...

The Federal Reserve Bank of Richmond told Virginia lawmakers Wednesday that D.C., Maryland and Virginia could see significant economic challenges in the near future amid the mass federal layoffs.

The Federal Reserve held interest rates steady Wednesday for the second meeting in a row and maintained a prior prediction for two rate cuts at some point this year. What the central bank did ...

The US Federal Reserve announced its second monetary policy decision for 2025 after a two-day Federal Open Market Committee (FOMC) meeting and kept its benchmark interest rate steady at 4.25-4.50 ...

Taylor Tompkins has worked for more than a decade as a journalist covering business, finance, and the economy. She has logged thousands of hours interviewing experts, analyzing data, and writing ...

The Fed is holding its policy meeting on Tuesday and Wednesday. In a speech March 7, Fed chair Jerome Powell gave some hint that the Fed needs to wait it out before cutting rates. U-M forecasters ...

The Fed's latest economic projections hint at the potential for a bout of stagflation. Fed officials trimmed their expectations for growth and raised expectations for inflation in 2025 ...