How high inflation became a 'fact of life' in the U.S.
U.S. inflation has stayed elevated for years, raising concern at the Federal Reserve that consumers may come to expect stubbornly high prices.
International news in seven languages
Topic
U.S. inflation has stayed elevated for years, raising concern at the Federal Reserve that consumers may come to expect stubbornly high prices.
Boomers report more financial confidence as Federal Reserve and JPMorgan data show older households hold more wealth and draw more from investments.
Shelton's controversial economic ideas led the Senate to block her nomination to the Fed. Now she's going to be a counselor to the Treasury secretary.
U.S. Treasury yields are bouncing after a sharp decline. Investors are looking ahead now to the release of the minutes of the Federal Reserve's last meeting.
Trump could seek to remove Jerome Powell, Lisa Cook and Michael Barr from the Federal Reserve, but court rulings and lengthy litigation could limit him.
The Federal Reserve's watchdog on Wednesday found no grounds for a criminal referral over a roughly $1 billion cost overrun on renovations to the central bank's Washington buildings, while faulting project oversight. The findings prompted President Donald Trump to renew his call for former Fed chief Jerome Powell to resign.
A CNBC investigation shows how former Fed advisor John Rogers became entangled with a man U.S. officials identify as a Chinese intelligence operative.
Bond yields have spiked due to expectations of persistent inflation and further interest rate hikes from the Federal Reserve, which may impact auto loan rates.
Elevated Treasury yields will complicate both Federal Reserve policy and Treasury financing.
There is "an increased likelihood" of inflation staying "notably" above the Federal Reserve's 2% target, Boston Federal Reserve President Susan Collins said.
The BBC's Samira Hussain looks at the factors considered in the increase by the Federal Reserve and what it could mean for the US economy.