The Fed may be taking an even bigger gamble: It has cut its key interest rate on the assumption that the Trump administration ...
The Fed is expected to continue gradual rate cuts through year-end, despite uncertainty from delayed government economic ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
Economists had expected a slight increase in inflation, but consumer spending came in a little stronger than forecast.
The Bureau of Labor Statistics released the August consumer price index (CPI), which showed that inflation remained above the Fed's target ahead of the central bank's rate decision.