CNBC Economy

September's wage gains provided more fuel to the argument that the current pace of inflation could run longer than many economists anticipate.

A sharp jump in mortgage interest rates over the past few weeks is taking its toll on mortgage demand.

Initial filings for jobless benefits were expected to total 345,000 for the week ended Oct. 2, according to economists surveyed by Dow Jones.

Private jobs rose by 568,000 for the month, better than the Dow Jones estimate of 425,000 and ahead of the downwardly revised 340,000 in August.

The current spate of inflation won't last and ultimately will fall below the Federal Reserve's target, Chicago Fed President Charles Evans said.

Treasury Secretary Janet Yellen believes the economy would fall into a recession if Congress fails to raise the debt ceiling before a default on the U.S. debt.

Treasury Secretary Janet Yellen cautioned Tuesday that inflationary pressures hitting the U.S. economy could last for a while.

Equity holdings now make up about half of the $109.2 trillion of financial assets that households own.

Inflation ran at a fresh 30-year high in August as supply chain disruptions and extraordinarily high demand fueled ongoing price pressures.

Treasury Secretary Janet Yellen said Thursday she would just as soon see the power over debt limits taken away from Congress.

Higher rates caused mortgage demand to drop for refinances and home purchases.

Sen. Elizabeth Warren charged that Fed Chairman Jerome Powell has led an effort to weaken the nation's banking system, and she will oppose his renomination.

Federal Reserve Chairman Jerome Powell cautioned Washington legislators that the causes of the recent rise in inflation may last longer than anticipated.

At least three Federal Reserve officials said Monday they are ready to pull back on stimulus even though they don't see a threat from inflation.

Dallas Fed President Kaplan became the second regional central bank leader to resign Monday, saying he was stepping down after a controversy over stock trades.

Boston Federal Reserve President Eric Rosengren announced he is stepping down on Thursday, citing health concerns.

Shipping bottlenecks that have led to rising freight costs that will be passed onto consumers are cooking up a holiday headache for U.S. retailers.

The Fed indicated rate hikes could be coming sooner than expected, and it significantly cut it economic outlook for this year.

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting on July 28.