Federal Reserve staff economists said during the meeting that inflation “remained elevated,” the minutes showed. Trump’s tariffs have created a dilemma for the Fed because the duties could ...

Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by ...

The Federal Open Market Committee — the 12-member group that sets rate decisions — will meet on June 17-18. The FOMC's decision will be announced on Wednesday, the second day of the meeting.

Fed officials are widely expected to keep interest rates unchanged today in a range of 4.25% to 4.50%. That’ll be the fourth ...

The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst.

In an updated forecast, Fed officials now see core PCE inflation jumping to 3.1% by the end of the year from the current 2.5% ...

The April edition of the Federal Reserve's preferred measure of inflation is due Friday. (Alexandra Citrin-Safadi/WSJ) Investors will eye a range of data and reports in the remainder of this ...

Former Kansas City Fed President Thomas Hoenig says the Federal Reserve is right keep interest rates where they are because ...