On traditional measures, the economy had a strong year. Inflation moderated, drifting down almost to the Federal Reserve’s target of 2 percent. Growth remained brisk, adding a commensurate number of ...
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...
But with inflation pressures still elevated and with concern that President-elect Donald Trump’s policies could fuel inflation, the Fed indicated Wednesday that it’s likely to cut rates more gradually ...