Fed

Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday,…

The Fed chair, along with the central bank’s No. 2 policymaker, stressed uncertainties over job growth and the persistence of…

We were surprised when inflation rose. We were surprised when inflation fell. And we were surprised again when inflation stopped…

Price pressures aren’t easing fast enough to guarantee the interest-rate cuts the president hoped to see by November, so his…

Stubborn inflation and strong growth could keep the Federal Reserve wary about interest rate cuts, eager to avoid adding vim…

The governor was firm: Nebraska would reject the new federal money for summer meals. The state already fed a small…

Investors see Wednesday’s Consumer Price Index report as a pivotal report card on inflation and the Federal Reserve’s next move.

Jerome Powell said that strong economic growth gives Federal Reserve officials room to be patient, and he emphasized the institution’s…

The Fed’s preferred inflation gauge was relatively stable on an annual basis, the latest reminder that bringing inflation down is…

The central bank is not expected to change interest rates, but its economic projections will be in focus.