Tag: benchmark rate
Powell at Jackson Hole: ‘The time has come’ for interest rate...
JACKSON HOLE, Wyoming (AP) – With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest...
U.S. inflation slowed again in July, clearing way for interest rate...
WASHINGTON (AP) – Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in...
U.S. employers scaled back hiring in April but still added 175K...
WASHINGTON (AP) – The nation's employers pulled back on their hiring in April, adding a modest 175,000 jobs in a sign that persistently high...
Federal Reserve leaves interest rates unchanged
WASHINGTON (AP) – The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn't plan to...
June pause in rate hikes would be close call for Fed...
WASHINGTON (AP) – Federal Reserve officials were divided earlier this month on whether to pause their interest rate hikes at their upcoming meeting in...
Fed makes second straight rate cut, splits on further action
WASHINGTON – Federal Reserve policy makers lowered their main interest rate for a second time this year while splitting over the need for further...
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