Tag: Jerome Powell
U.S. consumer prices jump as Iran war sends energy prices rapidly...
WASHINGTON (AP) – U.S. consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher.
The Labor Department's consumer price...
Federal Reserve keeps key interest rate unchanged
WASHINGTON (AP) – The Federal Reserve left its benchmark interest rate unchanged for the third straight meeting but signaled it could still cut rates...
More Federal Reserve officials see possible rate hikes this year, minutes show
WASHINGTON (AP) – The number of Federal Reserve policymakers willing to consider an interest rate hike this year rose between the January and March...
Federal Reserve keeps rates steady, projects 1 rate cut this year
WASHINGTON (AP) – Federal Reserve officials expect the Iran war will worsen inflation this year while having little impact on economic growth, but they still...
Fed minutes: Lower inflation needed before many officials will support rate...
WASHINGTON (AP) – Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly...
Federal Reserve keeps interest rates unchanged
WASHINGTON (AP) – The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6%...
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...
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...
U.S. unemployment claims remain at historically healthy level
WASHINGTON (AP) – The number of Americans applying for unemployment benefits fell last week and remain at historically healthy levels despite some signs that...
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