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The probability of a recession is approaching 50%, Deutsche markets survey...

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U.S. dollar banknotes and a label with the word "Recession" are seen in this illustration taken March 19, 2025.Dado Ruvic | ReutersChances that...

Chicago Fed President Goolsbee sees rate cuts depending on inflation progress

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Chicago Federal Reserve President Austan Goolsbee said Friday he still sees interest rate cuts in the cards though risks are rising to that...

‘Transitory’ is back as the Fed doesn’t expect tariffs to have...

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The "good ship Transitory," despite an ominous record, appears ready to sail again for the Federal Reserve.Economic projections the central bank released Wednesday...

US Federal Reserve keeps benchmark rate unchanged in 4.25-4.5% range; projects...

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The US Federal Reserve faces a more complex scenario in its current decision-making process. (File AP Photo) The US Federal Reserve kept...

The Fed will update its rate projections Wednesday. Here’s what to...

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U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on "The Semiannual Monetary Policy Report...

A big inflation report is on the way Wednesday. Here’s what...

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A person browses a grocery store following the announcement of tariffs on Canadian and Mexican goods by U.S. President Donald Trump, in Toronto,...

Producer prices report points to softer Fed inflation measure than feared

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A gauge of wholesale prices rose more than expected in January, though some details of the report indicated that pipeline inflation pressures are...

Hopes for more Fed rate cuts dim as Powell notes hot...

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Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as bird flu continues...

Consumer price report Wednesday expected to show inflation isn’t going away

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Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as bird flu continues...

Fed in no hurry for rate cuts: Jerome Powell hints no...

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Federal Reserve Chair Jerome Powell announced that the US central bank will be keeping its interest rates unchanged for now, citing...