A measure of inflation that the Fed watches most closely is showing signs of moderation, though price gains still remain too fast for comfort.

The Federal Reserve chair said the central bank will keep lifting rates to control price increases, and played down a recent cooling in inflation.

The central bankers discussed the need to slow rate increases soon at their last meeting, while signaling that they are likely to raise borrowing costs...

The Fed’s campaign to slow the economy is gradually taking hold, but officials have been particularly surprised by the job market's resilience.

The Consumer Price Index showed that prices climbed 7.7 percent in the year through October, a quick pace but a notable moderation.

Americans are extremely attuned to the cost of living, and as midterm election voters head to the polls, they are divided over whom to blame.

The Federal Reserve chair is eyeing near-term inflation expectations, which might shape wages — and help keep prices rising rapidly.

The Federal Reserve has now raised interest rates six times this year as it tries to quash the fastest inflation in decades.

The central bank is expected to raise rates three-quarters of a point today, but what it says about its next steps will be even more...

Jerome H. Powell, who is well liked across the political spectrum, is presiding over the fastest interest rate increases in generations, with another one expected...