President Donald Trump chose from his most loyal supporters when he created his Cabinet and appointed others to key roles within his administration.

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

Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier, up from a ...

U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024. The employment cost index (ECI) ...

The message reiterated an offer for a chance to take a second job or travel to a “dream destination” and remain on the ...

“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...

The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to ...

Americans are not as confident of the economy as they were a few months back. Markets have been volatile from the beginning of this year as inflation has been showing signs of climbing again, ...

Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...

The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.