Spencer Platt / Getty Images Inflation was unexpectedly cool in November, as measured by Personal Consumption Expenditures (PCE), the measure preferred by Federal Reserve policymakers. The yearly ...

Tim Ng has a similar rates and inflation background and brings nearly two decades of investment experience; he became a comanager in February 2021 and assumed a larger role when the previous ...

By Jeanna Smialek Federal Reserve officials are closely watching how inflation shapes up as they contemplate when and how much to cut interest rates in 2025, and the latest inflation data offers ...

Inflation has come down substantially and economic growth remains relatively robust, particularly for the United States. But the outlook for 2025 remains murky, as President-elect Donald Trump’s ...

The policymakers had kept their key rate at its peak for more than a year to try to quell inflation, until slashing the rate by a half-point in September and a quarter-point last month.