Federal Reserve Bank of New York President John Williams said he sees room for the US central bank to cut interest rates again in the near term as the labor market softens.

The Bureau of Labor Statistics said it was canceling the release of the October consumer price index, leaving the Federal Reserve without a key piece of inflation data to ponder when it next decides on interest rates on Dec.

US stock futures turned higher Friday after the week's latest bout of turbulence, while bitcoin kept tumbling to hit a multimonth low as AI worries continued to weigh on investors. While stocks are seesawing,

What should the Fed do to fight high inflation while preventing the job market from collapsing? Ask its 12 leaders and you'll get 12 different answers.

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn infla

The Federal Reserve's new approach to monetary policy means a low unemployment rate on its own doesn't warrant higher interest rates, a "robust" change meant to acknowledge the economy is different than that of textbook models,