Every year the Federal Reserve conducts a stress test on about 30 U.S. banks to evaluate their ability to withstand economic crises, using hypothetical scenarios such as when the unemployment rate ...

December's CPI print finally showed some relief in core inflation. But the threat of sticky prices is still a reality for most economists.

Recent history offers several glaring examples of economists getting it wrong. These missteps underscore the inherent challenges of economic forecasting and the potential pitfalls of relying on ...

Donald Trump's pick for Treasury secretary repeatedly defended a range of tariff ideas during his confirmation hearing before ...

Economists are very interested in Bessent's views on Federal Reserve independence. Before the election, Bessent floated the idea of a "shadow Fed chair" where Trump would select a replacement for Fed ...

The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S ...

U.S. retail sales faded over the final month of the year, data indicated Thursday, but a key reading on spending that feeds ...

The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...

December's CPI data shows core retail disinflation, leading to a market rally and anticipation of Fed rate cuts starting in July. Big bank earnings impress investors ...

The increase in the consumer price index is unhelpful for President-elect Donald Trump, who will soon inherit the economy ...

Despite aggressive interest rate hikes by the Fed aimed at curbing inflation, the CPI's decline in yearly growth has been ...

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...