The Federal Reserve is expected to leave interest rates unchanged but could set up for a cut later this year.

Central bankers are independent of the White House as they set interest rates. But the political cycle can put them under unwanted limelight.

Central bankers are paying more attention to the strength of the job market as inflation cools. But it’s a tough time to gauge its resilience.

The Personal Consumption Expenditures Index climbed 2.5 percent, still more than the Fed’s 2 percent target, as price increases take time to come down.

Trends already underway make for a sunny outlook over the next few years. The question is who will get to take credit.

Jerome H. Powell, the chair of the Federal Reserve, avoided signaling when the Fed would cut rates at a time when some economists are wondering...

The Federal Reserve is watching inflation figures as it contemplates when to lower interest rates, and could receive positive news Thursday.

The Federal Reserve is watching inflation figures as it contemplates when to lower interest rates, and could receive positive news Thursday.

Jerome H. Powell, the chair of the Federal Reserve, delivered optimistic remarks to Senators as inflation and the job market slow gently.

Federal Reserve policymakers are watching for any sign that the labor market is weakening abruptly, which might prod them to cut rates sooner.