If his nomination by President Donald Trump receives Senate confirmation, Stephen Miran will be the next chair of the Council of Economic Advisors. A 41-year-old Boston University graduate with a PhD ...
At a press conference Wednesday afternoon, Fed Chair Jerome Powell noted that inflation "has eased significantly" over the past two years but "remains somewhat elevated" relative to the central bank's ...
The Federal Reserve decided to keep interest rates steady in its first policy decision of the year on Wednesday. U.S. stock indexes slipped slightly following the announcement, with the S&P 500 ...
On a three-month annualized basis — a metric economists say paints a more accurate picture of the trajectory of inflation — the core PCE price gauge advanced 2.2%, the least since July.