San Francisco Fed President John Williams said the economy is growing strongly enough to continue raising rates gradually to around 2.5 percent. » Read More
Import prices rose less than expected in October as an increase in the cost of imported petroleum and capital goods was offset by a decline in food prices.
Sen. Collins is back in the spotlight as a swing vote in the Senate as she questions combining a Republican tax-cut plan with a partial repeal of Obamacare.
U.S. consumer prices barely rose in October as the boost to gasoline prices from hurricane-related disruptions to Gulf Coast oil refineries were unwound.
Sales unexpectedly rose in October as an increase in purchases of motor vehicles and a range of other goods offset a decline in demand for building materials.
There's one key economic model that the Federal Reserve has struggled to understand, Charles Evans, the president of the Federal Reserve Bank of Chicago, told CNBC on Wednesday.