The U.S. dollar rose on Tuesday, but remained within sight of Friday's lows, with the market still consolidating after a weak ...

The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...

Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...

Prices could tick higher in 2025 as businesses pass tariff costs onto consumers, Cleveland Fed's Beth Hammack tells CBS News.

For the moment, demand is adequate and unemployment is low. This makes the White House’s view — that tight money is ...

High interest rates are effectively a hidden tax on everyday life. When the Fed holds rates at elevated levels, it drives up ...

U.S. President Donald Trump said on Tuesday he will decide on a nominee to fill a coming vacancy on the Federal Reserve's ...

Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...

The price index was the latest indication that President Trump’s tariffs are beginning to show up in consumer prices.

The Federal Reserve’s preferred inflation gauge ticked up slightly in June as tariffs on imports started raising the cost of ...

Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...

San Francisco Federal Reserve Bank President Mary Daly, in an interview with Reuters published late Monday, said a softening ...