What should the Fed do to fight high inflation while preventing the job market from collapsing? Ask its 12 leaders and you'll get 12 different answers.

WASHINGTON, Nov 20 (Reuters) - The Trump administration's mammoth fiscal legislation will boost economic growth next year, but the impact will be partially undercut by Federal Reserve interest rates kept higher than they would be otherwise, a former top Fed researcher concluded in a new analysis.

Looking to buy a home or refinance your existing one? Here are the mortgage interest rates you need to know first.

Philip Jefferson offered a case study in the central bank’s predicament Monday, acknowledging the risk of stubborn inflation and weaker employment conditions—dueling threats that call for opposing prescriptions.

The Federal Reserve's new approach to monetary policy means a low unemployment rate on its own doesn't warrant higher interest rates, a "robust" change meant to acknowledge the economy is different than that of textbook models,

Difference between accounts: The money market account earns $10.42 more.

While private surveys have pointed to a softening labour market, hawkish remarks from most Fed policymakers have dampened expectations of an interest rate cut in December. In a bright spot, Swiss drugmaker Roche Holding surged nearly 6% after reporting late stage trial results for its breast cancer pill giredestrant.

The yen slid to its weakest level in more than nine months in early Asian trading on Tuesday as the dollar benefited from receding expectations that the Federal Reserve would cut interest rates at its policy meeting next month.