Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve ...

Bank of America (NYSE: BAC) has done a great job at winning over investors in recent times. The second-largest bank in the ...

President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t ...

One point that might bring the Federal Reserve and the recently-minted Trump administration into conflict going forward is a stance over ...

Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...

US stocks were largely lower on Wednesday as investors digested a hotter-than-expected January inflation reading and ...

Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.

Higher prices for car insurance, airfares and a record monthly increase in the cost of prescription drugs paced the rise core ...

Consumer prices rose at a faster pace than expected last month, and the probability of rate cuts by the Federal Reserve has fallen, economists and strategists say.

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His latest comment comes after Fed Chair Jerome Powell said there was no need to be “in a hurry” lowering rates as policymakers keep a close eye on inflation — something that many economists believe ...

A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...