The Federal Reserve's job is to control inflation, but has little ability to influence one of its biggest drivers, Fed Chair Jerome Powell noted at a congressional hearing Tuesday.

Experian examined representative and anonymized credit data through Q3 2024 to identify trends within average and total debt ...

Federal Reserve Bank of New York President John Williams said he anticipates inflation will continue to slow toward the ...

Follow all the latest U.S. market action for Tuesday here as investors get ready for testimony from Fed Chair Jerome Powell, ...

With our policy stance now significantly less restrictive than it had been and the economy remaining strong, we do not need ...

The more President Donald Trump threatens tariffs on the U.S.’s trading partners, the more the worry of another inflation ...

Federal Reserve Chair Jerome Powell emphasized that the bank will be patient in adjusting interest rates on Tuesday as ...

Hundreds of CRE’s top finance professionals gathered in San Diego to assess the economy and state of the lending marketplace.

U.S. stocks started lower on Tuesday as investors await Fed Chair Powell's remarks about the economy, tariffs, inflation and ...

The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.

Hammack, a former finance executive at Goldman Sachs who began leading the Cleveland Fed last year, cited high stock valuations and other market-based metrics to suggest that "we may be at or close to ...

Hammack spoke just ahead of two days of testimony for Fed Chair Jerome Powell before Congress. After lowering rates by a full percentage point to between 4.25% and 4.50% last year, the Fed held ...