The Federal Reserve's preferred inflation measure is set for release Wednesday, with data expected to show continued price pressures even as consumers keep spending.
Kevin Warsh is driving rapid changes at the Federal Reserve in some areas, while his emerging policy framework leaves the door open to further interest rate hikes.
An opinion piece from Anadolu Agency argues that new Federal Reserve Chair Kevin Warsh appears intent on tightening monetary policy even as many Americans feel little economic relief.
Strong manufacturing and services data, rising oil prices, and hawkish signals from Federal Reserve officials have pushed the dollar higher amid weak risk appetite, experts say.
Boston Federal Reserve President Susan Collins said there is an increased likelihood inflation remains well above the Fed's 2% target.
The regional Fed policymaker said additional interest rate hikes may be required to bring inflation back down to target.
New York Federal Reserve President John Williams made the remarks at the London Macro Policy Forum.
The Bank of Russia's latest foreign currency purchases included related settlement figures totaling 1.9 billion rubles for September 22.
The Federal Reserve's first rate hike since 2023 has prompted an immediate rebuke from President Trump, as Fed Chair Kevin Warsh defends the central bank's independence.
Anadolu Agency reports that world markets responded positively to the U.S. Federal Reserve's latest interest rate increase, even as expectations of further hikes this year weigh on investor risk appetite.
BBC's Samira Hussain outlines the factors behind the Federal Reserve's decision and its potential impact on the US economy.
The Federal Reserve has revised its economic projections, raising its inflation outlook for 2026 while lowering unemployment forecasts, according to Anadolu Agency.
Central bank lifts benchmark rate by 25 basis points to 3.75%-4% range in unanimous decision, according to Anadolu Agency.
Traders assign more than 90% probability that the Federal Open Market Committee will approve a quarter-point rate hike, according to CNBC.
The central bank's open market committee voted unanimously to lift its benchmark rate by a quarter point to 3.75%-4%, citing efforts to curb inflation.
The Federal Reserve raised interest rates for the first time since 2023 on Wednesday and indicated a further increase could follow before year's end, according to CNBC.
Traders assign over 90% probability to a quarter-point hike as the Federal Open Market Committee meets, according to CNBC.
NPR News reports the Federal Reserve increased its benchmark rate this week, and outlines in a new explainer how the move ripples through the economy.
Federal Reserve Chair Kevin Warsh said inflation remains too high as the central bank announced its first rate increase in three years, with analysts projecting a cautious tightening path.
The U.S. central bank increased its benchmark rate on Wednesday, a decision that had been broadly expected by markets, according to CNBC.