Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.

U.S. stocks opened higher on Friday after an earnings report from Apple impressed investors by showing strong growth in the consumer-tech giant's services business. Later, a reading from the Federal ...

Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...

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 ...

“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 ...

With the Fed pausing interest rates, prospective borrowers may be contemplating the short-term future of interest rates.

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...

Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central ...

Federal Reserve Bank of Chicago President Austan Goolsbee praised the latest inflation data, adding it’s appropriate to lower interest rates as price growth slows.

Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...