Retail sales rose 0.4% in December, driven by car sales and furniture purchases, boosting economic growth. Low unemployment ...

Kansas City Fed President Jeff Schmid sounded a similar note of caution about future rate cuts. "My read is that interest rates might be very close to their longer-run level now," he said.

World shares were mixed on Thursday as the U.S. stock market remained closed to observe a National Day of Mourning for former President Jimmy Carter. European stocks w ...

The US Federal Reserve should proceed cautiously before supporting any future rate cuts, a senior bank official said Thursday, adding that she saw December's rate cut as a final step for now.

Collins noted Fed policy is not on a preset path and that it is currently well positioned for what may come. She also said that she now sees stickier levels of inflation going forward relative to her ...