The Federal Reserve is starting to contend with how President-elect Donald Trump and his ambitious policies could influence inflation in 2025.
Based on the Fed's new decision, interest rates are now reduced by a quarter percentage point, moving to a range of 4.25 and 4.5 percent.
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. Friday’s report from the Commerce ...
Market participants were still tilting in favor of the view that the Federal Reserve will likely take no interest-rate action in January, despite Friday's PCE report which showed slower price ...
Analysis of the Federal Reserve's recent rate cuts and cautious approach towards future economic policies in response to ...
Stocks rallied on Friday after two lackluster sessions as a cooler-than-expected inflation report and comments from Federal ...
Trump’s ability to project strength and assure voters that he would reduce inflation helped him win November’s election.
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more ...
The U.S. dollar pulled back from a two-year high on Friday, but was heading for its third-straight week of gains, with data ...
Consumer spending, which accounts for more than two-thirds of US economic activity, rose last month after a downwardly ...
The Fed announced its third straight rate cut this week, also signaling that additional reductions are likely in 2025. What ...