Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and ...

The Federal Reserve might be unable to lower its benchmark lending rate until late in the autumn, market-derived data ...

The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...

Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...

NBC News' Angie Lassman discusses the latest weather conditions in Los Angeles as five wildfires continue to scorch the area.

Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation ...

Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to further reduce interest rates, though at an ...

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Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price ...

Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool toward the central bank’s 2% ...

But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee ...