Jerome Powell made it very clear last week that he didn’t think Donald Trump had the power to fire him, even if he wanted to.

On Thursday, the Federal Reserve's Federal Open Market Committee (FOMC) announced that it would lower the federal funds rate ...

The latest PCE data is the index's lowest reading since February 2021, noted EY Chief Economist Gregory Daco in an email. "No ...

American households continue to feel squeezed by inflation, which contributes to a more pessimistic view about the economy ...

“It's essentially the soft landing that many of us dreamed of,” said Gregory Daco, chief economist at the tax and accounting ...

As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said ...

Personal Consumption Expenditures index ticks down to 2.1%, lowest since February 2021 as personal income, consumer spending ...

Meanwhile, "other rates, for personal loans, credit cards, and auto loans, are typically more closely tied to actual changes ...

The Federal Reserve appears to be on track to move forward with another reduction of its benchmark interest rate next week.

The Fed may not have received the inflation data it wanted Thursday, but some economists said the central bank is still on ...

The U.S. economy held steady in early fall as consumers showed more price sensitivity and the labor market came into better ...