The Federal Reserve's preferred inflation gauge, core PCE, is expected to show further progress in heading toward the central bank's 2% target. The Labor Department's January Personal Income and Outlays report will be released on Friday at 8:30 AM.

U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, setting up the economy for weak growth or even a contraction this quarter.

Inflation and rising interest rates are two topics that directly hit your pocketbook and the Federal Reserve plays a big role in both of those issues. FOX 10's Ron Hoon talks to Mary Daly, President and CEO of the Federal Reserve Bank of San Francisco,

Federal Reserve officials discussed the possible effects of potential changes in trade and immigration on the economy and the difficulty in assessing between persistent changes in inflation and temporary ones,

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.

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.

The scope of reports indicating a resurgence in price pressures — spanning from input costs to wage growth to inflation expectations — underscores the Federal Reserve’s intent to keep interest rates on hold for the time being.

The Federal Reserve’s preferred inflation metric is expected to cool to the slowest pace since June, but glacial progress on taming price pressures overall will keep policymakers cautious about lowering interest rates further.

St. Louis Fed President Alberto G. Musalem said on Thursday he'll be "patient" with monetary policy as the Federal Reserve assesses the economy in its efforts to bring inflation down

Global stock markets turned mostly lower on Thursday and gold hit a record high amid Federal Reserve concerns that US President Donald Trump's tariffs and immigration measures could reignite inflation.