The Federal Reserve is starting to contend with how President-elect Donald Trump and his ambitious policies could influence inflation in 2025.

U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one ...

“We have in recent months seen some inflation,” Treasury Secretary Janet L. Yellen said in June 2021, adding that the United ...

An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures ...

“My colleagues and I remain squarely focused on achieving our dual mandate goals of maximum employment and stable prices for the benefit of the American people,” Powell said. Voting for the monetary ...

Americans are scrambling to stock up on cars, appliances and other big-ticket imports in anticipation of new Trump ...

This latest reduction in rates marked the third consecutive rate cut, following November’s 25-basis-point cut, and ...

The Bank of Japan took up the market-moving baton on Thursday, keeping rates steady as expected, but the yen weakened as ...

The projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and ...

The Federal Reserve lowered rates for the third consecutive time but also suggested there won’t be as many interest rate cuts in the year ahead as it once planned. Chairman Jerome Powell said the cut ...

Jerome H. Powell, the Federal Reserve chair, announced the central bank’s final interest rate cut for the year and suggested only two more reductions in 2025.

The Federal Reserve's Jerome Powell weighed in on the state of the U.S. economy after announcing another cut to the interest rate. CBS News business analyst Jill Schlesinger has more on what's ...