Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

The central bank retired a previous strategy and on Friday unveiled a new approach that updates how inflation and employment ...

U.S. PCE inflation data for July will be the key economic indicator as investors anticipate that the Federal Reserve will ...

Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown ...

Federal Reserve Bank of Chicago President Austan Goolsbee said while some recent inflation readings have come in better than ...

The importance of that independence was underscored during the 1970s, when then-Fed Chair Arthur Burns, under pressure from President Richard Nixon, kept rates low ahead of the 1972 election.

Still, Powell’s remarks suggest the Fed will proceed carefully in the coming months and will make its rate decisions based on ...

Most Federal Reserve officials highlighted inflation risks as outweighing concerns over the labor market at their meeting ...

Minutes of the Federal Reserve’s July meeting show widespread concern over the slowing economy and the impacts of import ...

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market ...

Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...