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Today: December 22, 2024
Today: December 22, 2024
CHRISTOPHER RUGABER

CHRISTOPHER RUGABER

Staff Writer

Latest From CHRISTOPHER RUGABER

Business|Economy|Finance|US

Federal Reserve's preferred inflation gauge shows price pressures eased last month

An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains

Federal Reserve's preferred inflation gauge shows price pressures eased last month
Economy|Finance|Political|US

Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still-elevated inflation

Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

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