The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...

WASHINGTON—Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of ...

Credit card debt climbed $24 billion over a three-month stretch ending in September, soaring to a level 8% higher than where ...

Americans' credit card debt just hit a new all-time high of $1.17 trillion, according to the New York Federal Reserve.