Fear that inflation could return in 2025 has raised questions over the possibility of a stagflation scenario—predicted to ...

Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and ...

The Federal Reserve might be unable to lower its benchmark lending rate until late in the autumn, market-derived data ...

NBC News' Angie Lassman discusses the latest weather conditions in Los Angeles as five wildfires continue to scorch the area.

Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...

U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising ...

Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption ...

But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee ...

The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...

Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...

Minutes from the most recent meeting of Federal Reserve policymakers showed uncertainty about the impact of President-elect ...

The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...