The Fed’s go-to inflation gauge ticked up less than expected last month
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...
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Key takeaways from the Fed’s third rate cut
The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing ...
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Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
But Powell is no stranger to uncertainty. “If I were to describe Chair Powell in one word, it would be ‘nimble’,” Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management, told CNN ...
Low-income Americans are struggling. It could get worse
Lower-income Americans still struggling after years of high inflation and elevated interest rates could face a new battle if President-elect Donald Trump reignites inflation with his economic policies ...