Gold's surge to $3,000 reveals the Fed's fundamental inflation misunderstanding. This historic price signals monetary trouble and policy challenges ahead.

Gold prices have gained more than 40% over ... while overall household debt reached a new high of about $18 trillion, the New York Fed found. Inflation picked up at a higher pace than expected ...

The New York Fed report noted that “households expressed more pessimism about their year-ahead financial situations in February, while unemployment, delinquency, and credit access expectations ...

In the NY Fed survey, there was a slight increase of 0.3 percentage point in consumers' five-year inflation expectations--which also now stand at 3%. Consumers deliver a split take on the labor ...

John Williams, president and chief executive officer of the Federal Reserve Bank of New York. (Victor J. Blue/Bloomberg) The softer-than-expected inflation results for November are “encouraging ...

(Reuters) -Overall debt levels held by Americans rose modestly in the final quarter of last year on a healthy consumer sector, even as automobile borrowing faced some turbulence, the Federal ...