A top Federal Reserve official said Monday that the central bank may have to cause economic pain in the form of higher unemployment to combat stubbornly high inflation.

President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to ...

The Federal Reserve raised its benchmark interest rate to 3.75% to 4% as officials confront persistent inflation, potentially increasing borrowing ...

About six weeks ago, Federal Reserve Chairman Kevin Warsh announced that a divided central bank was keeping its key interest ...

President Donald Trump lashed out on Wednesday after the Federal Reserve voted to raise interest rates for the first time in ...

The House Financial Services Committee passed the American Reserve Modernization Act in a 28-21 vote, moving to lock up ...

The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell ...

The Federal Reserve has raised its benchmark interest rate for the first time since 2023 to address high inflation ...

The Federal Reserve raised interest rates on Wednesday in an effort to battle back a monthslong surge of inflation set off by ...