Americans are increasingly preparing for higher prices in a concerning development for the Federal Reserve after a string of negative news on inflation.

The Utah senator is joining efforts to dismantle the Federal Reserve, blaming the banking system for rising inflation rates.

The Federal Reserve's preferred yardstick showed prices rising at a faster clip than initially reported, adding to the outsized toll on lower-income households.

Four consecutive months of rising inflation and other factors have led the Federal Reserve to pause interest rate cuts for the time being, which has led to CD rates staying steady. In this environment,

Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central bank can keep steadily shrinking its balance sheet through a period of uncertain government finances, while noting she is disinclined to support an interest rate hike even if inflation pressures do not retreat quickly enough.

The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another potential red flag for the US economic engine: Consumers pulled back their spending by the most in nearly four years.

Federal Reserve Bank of Cleveland President Beth Hammack says the Fed should continue to be cautious with further interest-rate cuts amid slower recent progress getting inflation back to the central bank’s 2% target.

Philadelphia Federal Reserve Bank President Patrick Harker on Thursday expressed support for continuing to hold short-term U.S. borrowing costs in their current range of 4.25%-4.50%, a level he believes will help get inflation back down to the Fed's 2% target but isn't hurting the job market or the economy more generally.

The Federal Reserve's preferred measure of inflation likely decelerated in January, providing some reassurance that cost-of-living increases are slowing to pre-pandemic levels.

Many financial stocks swooned in 2022 and 2023 as inflation, rising interest rates, geopolitical conflicts, and other macro headwinds shook the markets. But in 2024, some of those stocks stabilized with the Federal Reserve's three interest rate cuts.

A new task force in the Republican-controlled U.S. House of Representatives on Tuesday began an examination of the Federal Reserve's role and goals, with Republicans raising questions about its track record on controlling inflation,