The Latest Breaking News from the Federal Reserve

The Fed measures inflation "at the time it's felt by the consumer," The Amherst Group's Sean Dobson told Fortune, different from measuring affordability.

December S&P 500 E-Mini futures (ESZ25) are down -0.97%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -1.29% this morning, pointing to further losses on Wall Street as worries over stretched tech valuations persisted and investors questioned whether the Federal Reserve was still on track to cut rates in…

The longest government shutdown in U.S. history is set to end within hours—but it's already left a lasting scar on the economy's data map since two of the most vital inputs for the Federal Reserve won't be released.

Sen. Elizabeth Warren (D-Mass.) slammed the Trump administration after a court ruling declared the funding mechanism of the Consumer Financial Protection Bureau (CFPB) illegal.

Learn how they might affect Americans and the global economy.

With the Federal Reserve moving away from its prior efforts to tighten money supply, the measure theoretically provides relief for many economic entities. Under basic economic principles, reduced costs of borrowing encourage capital expenditures, investments and other growth-centered activities. However, one of the more obvious beneficiaries is the housing market.

Texas' overall cost-of-living index is below the national average at 92.1. That being said, the net worth needed to be considered upper class is still high.

The one day of the week that refinancing your mortgage comes with a couple of concerns to watch out for — they could cost you if you're not careful about them.

The unemployment rate is low and the economy is still growing, but those out of work face the slowest pace of hiring in more than a decade