The Consumer Price Index rose 2.6 percent in the year through October, a sign that inflation remains stubborn. The report ...
Wednesday’s report shows inflation edged up at a 2.6 percent annual rate in October, compared with a 2.4 percent gain in the ...
Donald Trump won in large part because of voters' frustration with the economy. But when he enters office, he will inherit an ...
On Thursday, just days after Donald Trump was elected President, Federal Reserve Chair Jerome Powell announced interest rate cuts by a quarter of a percentage point – to a range of 4.5% to 4.75%.
Jerome Powell doesn’t seem to mind a rematch with Donald Trump ... Megan Leonhardt, Sabrina Escobar, and Janet H. Cho ...
Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in ...
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a quarter percentage point ...
The rate cut signals that Fed officials are paying more attention to warnings in the economy, including the slowing job ...
The Fed stayed the course on its campaign of rate cuts Thursday, trimming its benchmark interest rate by a quarter-point in a widely expected move.
The Federal Reserve cuts interest rates for a second straight time in an effort to keep the economy humming. But it now must ...
The Federal Reserve lowered interest rates on Thursday by a quarter of a percentage point, its second consecutive rate cut this year, as inflation continues to cool.