Federal Reserve officials are "in a pickle" with U.S. economic activity lackluster in the second quarter and business surveys pointing to a pickup in inflation, said Bill Adams, chief economist for ...

U.S. stocks are drifting higher on Wednesday as Wall Street waits to hear where the Federal Reserve may be taking interest rates.

The Federal Reserve is expected to keep interest rates on hold while inflation continues to cool. Fed Chair Jerome Powell is expected to speak at 2:30 p.m. Follow along for live updates on the Dow, ...

None of the last three Fed leaders — Alan Greenspan, Ben Bernanke, Janet Yellen — eased monetary policy during their final 12 months in office. Greenspan hiked rates 100 basis points up to 2006, ...