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 ...

Fed Chair Jerome Powell opened the door ever so slightly to lowering a key interest rate in the coming months but gave no ...

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

Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a ...

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

July data from the personal consumption expenditures price index, due on Friday, will be the focus of investor attention because of its potential to buttress or undermine the Federal Reserve's pivot ...

Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses, leading the central bank to keep its key rate unchanged.

Fed holds interest rates steady, Chair Powell says Fed independence 'very important' The central bank said inflation remains "somewhat elevated." ...

Analysis argues Fed's high interest rate policy is misguided as inflation remains controlled and historical data shows weak correlation between rates and inflation ...

As Federal Reserve policymakers this week pored over the recent economic data, they were doing so without one of the most crucial reports on consumer spending and inflation.