Key takeaways from the Fed’s rate cut after the election
The Federal Reserve cut interest rates by a quarter point Thursday on the heels of the US presidential election earlier this ...
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Fed cuts rates, notes job market easing and solid economic growth
“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 ...
Inflation Still Plagues Restaurants, Services, and Housing, Even as National Rate Declines
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.