When its 5-year inflation estimate surged in early June 2022, it helped nudge the Fed toward an outsized 75-basis-point rate hike over the more modest action markets had been expecting.

The Federal Reserve's preferred measure of inflation likely heated up in June, as tariffs started to push up consumer prices.

The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...

Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.

In order to combat inflation, the Fed raised interest rates to their highest level in 2022 and 2023. Fed staff economists downgraded their predictions for economic growth this year and next due to ...

Powell described the overall economy and labor market as solid. He said inflation had eased significantly from highs reached in mid-2022, but was somewhat elevated above the Fed’s 2% objective.

The European Central Bank would react to "material" changes in the euro zone's inflation outlook and ignore "tiny" ones as inflation is now under control, the ECB's chief economist Philip Lane ...