The price increase in this consumer staple is complicating the central bank’s ability to achieve a soft landing.

The higher than expected inflation number for January came during during Fed chairman Jerome Powell's semiannual testimony ...

Last month, the Federal Open Market Committee said it would maintain the federal funds rate at its current range of 4.25% to ...

Federal Reserve Chair Jerome Powell told a Senate hearing this week that there is no rush to adjust its interest rate policy.

January’s consumer price index exceeded expectations, leading to diminished hopes for multiple Federal Reserve rate cuts.