Tag: Federal Reserve
Prices ticked up in November as Americans keep spending, a key...
WASHINGTON (AP) – The Federal Reserve’s preferred inflation gauge ticked up in November in the latest sign that prices remain stubbornly elevated, while consumers...
Will interest rates drop as anticipated in 2026?
For Rhode Island’s business owners, homeowners and lenders, 2026 is shaping up to be a year defined in part by two questions: When will...
Employers moving cautiously when it comes to hiring
Employers are adopting a cautious and strategic approach to hiring in 2026, giving careful consideration to economic conditions, which are giving no clear indication...
Inflation cooled slightly in December though it remains above Fed’s target
WASHINGTON (AP) – Inflation cooled a bit last month as prices for gas and used cars fell, a sign that cost pressures are slowly...
DOJ investigation of Fed Chair Powell sparks backlash, support for Fed...
WASHINGTON (AP) – The Trump administration's criminal investigation of Federal Reserve Chair Jerome Powell appeared on Monday to be emboldening defenders of the U.S. central...
Sluggish hiring closes out a frustrating year for job seekers though...
WASHINGTON (AP) – Sluggish hiring last month closed out a year of weak employment gains that have frustrated job seekers even as layoffs and unemployment have also...
Average U.S. long-term mortgage rate ticks down to 6.18% this week
WASHINGTON (AP) – The average rate on a 30-year U.S. mortgage ticked down modestly this week, remaining in the same narrow range of the...
U.S. gained 64K jobs in November but lost 105K in October
WASHINGTON (AP) – The United States gained a decent 64,000 jobs in November but lost 105,000 in October as federal workers departed after cutbacks...
Federal Reserve cuts key rate but signals higher bar for future...
WASHINGTON (AP) – The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may...
Fed’s preferred inflation gauge stayed elevated in September as spending weakened
WASHINGTON (AP) – The Federal Reserve’s preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate...
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