US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...

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

The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.

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

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...

After the inflation report, released at the same time as hawkish monetary policy remarks from Fed Governor Michelle Bowman, traders of futures that settle to the Fed's policy rate priced in about a 70 ...

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

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

Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...

The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis ...

Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...