The Fed can give forward guidance, or it can be data dependent, but not both, Benn Steil and Elisabeth Harding write in a ...

The Federal Open Market Committee, better known as the Fed's interest-rate committee, began its two-day meeting this morning at 8:30 a.m. as scheduled, a Fed spokesperson said. Economists and ...

With healthy hiring and some progress on inflation, Fed official have said that the pace of rate cuts will slow this year.