Central bankers made a smaller rate move, but predicted that they will weigh the economy down more aggressively than previously expected

Federal Reserve officials will release fresh economic estimates at their meeting on Wednesday. Their projections for interest rates in 2023 will be in focus.

Federal Reserve officials will release fresh economic estimates at their meeting on Wednesday. Their projections for interest rates in 2023 will be in focus.

Central bankers are still fighting inflation, but are poised to slow to a rate increase of half a percentage point at their final meeting of...

Central bankers are still fighting inflation, but are poised to slow to a rate increase of half a percentage point at their final meeting of...

Consumer Price Index data reinforces that inflation is beginning to slow down just ahead of the Federal Reserve’s December rate decision.

Consumer Price Index data reinforced that inflation is beginning to cool down just ahead of the Federal Reserve’s December rate decision.

Economists misjudged how much staying power inflation would have. Next year could be better — but there’s ample room for humility.

A longtime University of Chicago economist who served in the Obama White House will be president of one of the Fed’s 12 regional districts.

Consumption climbed and personal income rose, even after accounting for inflation, new data from the Commerce Department showed.