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 ...

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 ...

The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...

The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...

The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains ...

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an ...

Wall Street's main indexes were set to open higher on Friday on gains in Apple following its strong sales forecast, with an ...

The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...

The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty ...