In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...

The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...

Figures from December show core inflation tamer than expected, but "there's still work to do" amid broader uncertainty.

Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...

The Labor Department reported that employers added 256,000 jobs in December. Unemployment drops to 4.1%. Read the ...

The economic forecast for 2025 is sunny, with a high chance of business optimism, according to Federal Reserve Bank of Richmond President and CEO Tom Barkin, who spoke Thursday during the virtual 2025 ...

Barkin, who does not vote on Fed interest-rate decisions this year, made the comments on yields while answering questions after delivering remarks similar to a speech he gave at a separate event on ...

Federal Reserve (Fed) Bank of Richmond President Tom Barkin noted on Thursday that even though consumer debt ratios are in an overall better place than they were in years past, the Fed is facing ...

The recent rise in long-term interest rates reflects higher risk premiums as opposed to concerns about inflation, Federal Reserve Bank of Richmond President Thomas Barkin said.

Federal Reserve Bank of Richmond President Thomas Barkin hailed the U.S. economy’s strength, forecasting more growth to come in 2025. “I think it’s fair to say: No one predicted this ...

The challenge for Fed chairman Jerome Powell and the rest of the Federal Open Market Committee (FOMC) in 2025 will be to help support the economy (which has shown signs of softening) while also ...