The Federal Reserve cut interest rates by a quarter point Thursday on the heels of the US presidential election earlier this ...

Fed Chair Jerome Powell, who was appointed by Trump in his first term to lead the Fed and then clashed with the ...

“Economic activity has continued to expand at a solid pace,” the central bank’s rate-setting Federal Open Market Committee said at the end of a two-day policy meeting in which officials lowered the ...

The personal consumption expenditures index, which tracks spending on many everyday household needs, shows stubbornly high prices, even as the Fed's overall rate edges back to its 2 percent target.

Prices for services rose 3.7% in September from a year ago, according to the personal consumption expenditures price index, ...

Meanwhile, inflation is near the Fed's target rate of 2%. The personal consumption expenditures price index, which is closely ...

Maybe some presidents are better for the market than others, especially at the industry level. But there isn’t clear evidence ...

The personal consumption expenditures (PCE) price index eased to a 2.1% annual rate in September, close to the Fed's target.

Markets expect the Federal Open Market Committee to cut interest rates again by 0.25% on November 7 with a larger cut ...

As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government said ...