Tag: interest rates
U.S. consumer confidence wanes with prices still high, signs of a...
Americans are feeling less confident financially as summer comes to a close and high prices and interest rates weigh on their willingness to spend.
There...
Powell: Economy’s solid growth could require additional Fed hikes to fight...
JACKSON HOLE, Wy. (AP) – The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday...
Wholesale inflation in U.S. edged up in July from low levels
WASHINGTON (AP) – Wholesale prices in the United States picked up slightly in July yet still suggested that inflationary pressures have eased this year...
Citizens Business Conditions Index dips in Q2 amid interest rate hikes
PROVIDENCE – A rise in unemployment insurance claims and a slowdown in the formation of small businesses caused the Citizens Business Conditions Index, or...
BankRI parent sees Q2 profit narrow to $21.9M
PROVIDENCE – Boston-based Brookline Bancorp Inc., parent company of Bank Rhode Island, reported Wednesday a second-quarter net income of $21.9 million, marking a 13%...
Federal Reserve raises key rate for 11th time by a quarter-point
WASHINGTON (AP) – The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that...
Key question as Federal Reserve meets: Can the central bank pull...
WASHINGTON (AP) – When Chair Jerome Powell and other Federal Reserve officials gather this week for their latest decision on interest rates, they will...
U.S. slowed hiring but still added a solid 209K jobs in...
WASHINGTON (AP) – America's employers pulled back on hiring but still delivered another month of solid gains in June, adding 209,000 jobs, a sign...
U.S. job openings dip to 9.8M in May yet still remain...
WASHINGTON (AP) – U.S. job openings slipped in May but remained at levels high enough to illustrate that the American labor market remains resilient...
Federal Reserve minutes: Some officials wanted to raise interest rates last...
WASHINGTON (AP) – Some Federal Reserve officials pushed to raise the Fed's key interest rate by one-quarter of a percentage point at their meeting...
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