Monetary policy in the United States is determined by the Federal Open Market Committee (FOMC), a decisionmaking body that ...

Federal Reserve Bank of Chicago President and CEO Austan Goolsbee believes the U.S. economy remains on track to reach the Fed ...

The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended ...

Central bank needs to mix playing defence with going on the offensive with a new policy framework and improved communication ...

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher ...

Inflation remains above the Federal Reserve's 2% target ... of the far more economically important service sector provides insight into the mindset of the consumer,” said Joseph Brusuelas ...

Personal Consumption Expenditures Price Index Expected at 2.2% Annual Rate Economic forecasts anticipate the personal consumption expenditures (PCE) price index to register a 2.2% annual rate for ...

However, the Federal Reserve has adjusted its inflation targets ... readiness to intervene if jobless claims rise, coupled with insights from Fed presidents engaging with companies and CEOs ...

Major U.S. stock indexes were headed mostly lower in Wednesday's final hour of trading after minutes of the Federal Reserve's May 6-7 meeting appeared to emphasize the risks of higher inflation. In an ...

PCE inflation data; first-quarter GDP update; Fed representatives speaking; consumer confidence; earnings from Nvidia, ...

The Federal Reserve said Wednesday it was leaving ... managing director of Inflation Insights consultancy, said in a note to clients following Wednesday’s rate decision. A host of indicators ...