The Federal Reserve is tasked with creating a monetary policy that encourages price stability and maximizes employment. As a result, it attempts to keep inflation at around 2% a year because that has ...

Federal Reserve Bank of Cleveland President Beth Hammack said she wants to see inflation lowered further before she’d support a cut in interest rates.Most Read from BloombergWhy Did Cars Get So Hard ...

The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...

President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest rates under Powell.

Gold held steady after the latest Federal Reserve minutes showed officials are divided over the outlook for interest rates.

President Donald Trump once again took aim at Federal Reserve Chair Jerome Powell, sending a handwritten note urging a sharp cut in U.S. interest rates to “1% or better,” and lamenting that the Fed ...

Experts say average 30-year fixed mortgage rates are likely to stay above 6.5% in the coming months, with a potential for small and temporary dips, not substantial drops. Prospective homebuyers are ...

Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...

The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under barrage from the White House.

U.S. Treasury yields were lower on Wednesday after most Federal Reserve officials indicated they see rate cuts coming. The 10 ...