The S&P 500 remains the North Star for Washington. Allowing asset bubbles to deflate is a thankless path in the short run.

The Federal Reserve Bank of Dallas warned Tuesday that a sharp tightening of immigration policy under U.S. President Donald ...

The Fed next meets on June 17-18, when the central bank will release new projections from policymakers about their outlook for inflation, employment and economic growth in coming months and years ...

The Fed’s 19 officials who participate in its interest-rate decisions indicated that “they would want to see further progress on inflation before making” any further cuts. Getty Images They ...

The Fed’s Preferred Inflation Measure Sped Up in November The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued ...

The average interest rate for a 30-year fixed mortgage stands at nearly 6.7%, well above an average rate four years ago of 2.6%, Freddie Mac data shows. A small rate cut by the Fed would not ...

When the Fed raised rates and held them at 5.25% to 5.50% from July 2023 to September 2024, conditions were very different than they were now. Inflation was soaring and the labor market was frothy ...

Inflation—the Fed’s primary bugbear for most of the past four years—has come a long way. The year-over-year increase in the personal-consumption expenditures price index, which is ...

The unemployment rate has ticked up this year from 3.7% to 4.2%. The Fed is guided by a dual mandate to keep inflation under control and maximize employment.

Inflation surged to a 40-year high of 9.1% in June 2022, which prompted the Fed to raise the federal funds rate to a range of 5.25% to 5.50%, the highest level in 23 years.

Inflation dropped in July to its lowest level in three years on an annual basis, setting up the Federal Reserve to cut interest rates soon to take pressure off the economy.

The Fed targets 2% annual inflation, a level it has been above since early in 2021. Officials at the meeting said data has improved lately, though they are want more evidence that it will continue.