Federal Reserve

Decades ago, the Fed was battling double-digit inflation, and Chair Paul Volcker took aggressive action that drove interest rates way up.

The latest jobs report is unlikely to change the Fed's mind when they meet Tuesday and Wednesday.

Inflation has eased in Europe as prices fall for electricity and other items that were affected by supply shortages from the Ukraine war.

When the Fed meets next week, they will be more focused on what's happening here in the United States.

The Phillips Curve says that low unemployment is linked to high inflation. But history shows that the economy doesn't always work that way.

The central bank seeks the right rate for controlling inflation while promoting economic growth. It's a moving target.

A labor shortage in manufacturing seems to be tempting them.

The Fed's annual Survey of Household Economics and Decisionmaking doesn't include breakout data on American Indian and Alaska Native households. New research aims to fill that data gap.

Chicago Fed President Austan Goolsbee talks the latest CPI release and what it means for the Fed's continued fight against inflation.

Loans are a big cost, but they would muddle the data in the CPI. Fed rate hikes would essentially create inflation, despite their intention.