Based on the performance of these indexes, you'd assume the U.S. economy and Wall Street are firing on all cylinders. But according to the latest inflation update from the Federal Reserve, things may not be as rosy as the Dow,

The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.

US consumers faced renewed inflationary pressure in March as rising oil prices linked to the Iran conflict pushed costs higher, complicating the policy path for the Federal Reserve. Data released by the US Commerce Department on Thursday showed that the personal consumption expenditures price index,

The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.2% year-over-year in March.

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The Fed's projection is nightmare fuel for a historically expensive stock market.

New economic data released Thursday shows inflation is heating back up, driven in part by rising gas prices and growing global tensions — raising concerns about what consumers will pay next.

The Fed is set to keep rates steady as Iran war risks and persistent inflation cloud the outlook for cuts or hikes.

The Federal Reserve Bank of Cleveland's inflation-forecasting tool points to an even faster increase in prices in April, which may eventually force the Federal Open Market Committee to act. Speculation about a quick end to the Iran war and strong earnings growth stemming from the evolution of artificial intelligence clearly has investors excited.