Tag: Jerome Powell
Will the Federal Reserve cut interest rates fast enough to deliver...
WASHINGTON (AP) – American consumers and homebuyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised...
U.S. hiring rebounds slightly and unemployment rate dips in sign of...
WASHINGTON (AP) – Hiring by America's employers picked up a bit in August from July's sluggish pace, and the unemployment rate dipped for the first...
U.S. job openings fall as demand for workers weakens
WASHINGTON (AP) – America's employers posted fewer job openings in July than they had the previous month, a sign that hiring could cool in the...
Fed welcomes a ‘soft landing’ even if many Americans don’t feel...
WASHINGTON (AP) – When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the...
Federal Reserve’s favored inflation gauge shows price pressures easing
WASHINGTON (AP) – An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears...
U.S. economic growth for last quarter is revised up to a...
WASHINGTON (AP) – The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government...
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...
Powell may hint at how fast and how far the Fed...
WASHINGTON (AP) – Federal Reserve officials have said they're increasingly confident that they've nearly tamed inflation. Now, it's the health of the job market that's...
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...
Federal Reserve keeps interest rates steady, for now
WASHINGTON (AP) – The Federal Reserve said Wednesday that greater progress has been made in reducing inflation to its 2% target, a sign that...
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