Tag: inflation
U.S. employers add a surprisingly strong 275K jobs in sign of...
WASHINGTON (AP) – America's employers delivered another healthy month of hiring in February, adding a surprising 275,000 jobs and again showcasing the U.S. economy's...
Fed’s Powell: Rate cuts likely this year, but more evidence is...
WASHINGTON (AP) – Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will cut its key interest rate this year but that...
Federal Reserve’s preferred inflation gauge picked up last month in sign...
WASHINGTON (AP) – An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price...
Consumer confidence slips in February as anxiety over potential recession reappears
American consumers are feeling less confident this month as concerns over a possible recession grew despite the most recent data pointing to a healthy...
U.S. wholesale inflation accelerated in January in latest sign that prices...
WASHINGTON (AP) – Wholesale prices in the United States picked up in January, the latest sign that some inflation pressures in the economy remain...
The Federal Reserve seems content to play the waiting game
If there’s one thing you can say about Fed policymakers, it’s that they don’t make decisions on a whim. When the Federal Open Market...
U.S. inflation slows but remains elevated in sign that price pressures...
WASHINGTON (AP) – Annual inflation in the United States cooled last month yet remains elevated in the latest sign that the pandemic-fueled price surge...
Average long-term U.S. mortgage rate edged higher this week, remains in...
LOS ANGELES (AP) – The average long-term U.S. mortgage rate edged higher this week, reflecting a recent uptick in the 10-year Treasury yield.
The average...
Powell: Federal Reserve on track to cut rates this year
WASHINGTON (AP) – Chairman Jerome Powell said in an interview broadcast Sunday night that the Federal Reserve remains on track to cut interest rates...
Inflation has slowed, now the Federal Reserve faces expectations for rate...
WASHINGTON (AP) – Chairman Jerome Powell will enter this week's Federal Reserve meeting in a much more desirable position than he likely ever expected:...
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