The decision was unanimous among the voting members of the Federal Open Market Committee, the panel of Fed officials responsible for setting interest rates. The CME Fed Watch prediction algorithm ...

St. Louis Fed President Alberto Musalem said by the time of last month’s meeting the risk that inflation might get stuck between 2.5% and 3% had increased. As a result, he thought greater ...

Wall Street thought the Fed was done lowering interest rates — at least for now. The Jan. 29 announcement of a "pause" proved the money runners were right. "We're not doing anything," the Fed ...

Do you crave outdoor cooking? Then CNET has you covered. Pellet grills can be a game changer, immediately upgrading most—if not everything—by giving it a new, smoky flavor. Pellet grills offer ...

Emerging from their first policy meeting during Trump’s second term in the White House, Fed Chair Jerome Powell said central bank officials are “waiting to see what policies are enacted ...

TRUMP BLASTS FED FOR NOT CUTTING INTEREST RATES "Despite the stickiness of inflation in recent months, the disinflationary trend should reemerge in the spring as services prices are set to ...

Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for Fed officials to cut rates. By Alan Rappeport Reporting from Washington ...

It’s a move that’s likely to stoke tensions between the central bank and the new president, who has argued that he should have some say in Fed policy. Central bank officials opted to keep ...

The Federal Open Market Committee’s latest policy statement on Wednesday pointed to stubborn inflation readings and an economy hardly in need of rescuing as support for officials’ decision to ...

Due to elevated year-on-year consumer inflation rates and strong recent jobs data, financial markets reflect expectations that the Fed will not change interest rates on January 29. A change in Fed ...

Pellet grills are wonderful for barbecuing. If you're considering buying one, these are the best options for beginners, ...

Still, there are some signs of progress in the Fed's inflation battle. Core CPI, or prices excluding the volatile energy and food costs, rose 3.2% on an annual basis, lower than the 3.3% rate ...