The Federal Reserve’s preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts this year and next ...

The Fed tends to favor the inflation gauge the government issued Friday -- the personal consumption expenditures price index -- over the better-known consumer price index. The PCE index tries to ...

Last week, the Federal Reserve delivered its first rate cut since the onset of the COVID-19 pandemic. Historically, reductions in the fed funds rate have occurred in response to slowing economic ...

This live broadcast closed at 6pm on Friday. The European stock exchanges closed the last session of the week with ...