Tag: inflation
U.S. wholesale inflation slows more than expected in July
WASHINGTON (AP) – Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer...
Paychecks grew more slowly this spring, a sign inflation may keep...
WASHINGTON (AP) – Pay and benefits for America’s workers grew more slowly in the April-June quarter than in the first three months of the...
Retail sales unchanged in June from May, underscoring shoppers’ resilience
NEW YORK (AP) – Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the...
Powell: Federal Reserve more confident inflation is slowing to its target
WASHINGTON (AP) – Chairman Jerome Powell said Monday that the Federal Reserve is becoming more convinced that inflation is headed back to its 2%...
U.S. wholesale inflation picked up in June
WASHINGTON (AP) – Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some...
U.S. inflation cools again, potentially paving way for Fed to cut...
WASHINGTON (AP) – Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in...
Fed’s Powell highlights slowing job market in signal that rate cuts...
WASHINGTON (AP) – The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in testimony Tuesday,...
Federal Reserve minutes: Inflation is cooling, but more evidence is needed...
WASHINGTON (AP) – Federal Reserve officials at their most recent meeting welcomed recent signs that inflation is slowing and highlighted data suggesting that the job market...
Federal Reserve’s preferred inflation gauge shows price pressures easing further
WASHINGTON (AP) – A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are...
Federal Reserve envisions just one rate cut this year
WASHINGTON (AP) – Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled that they...
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