Tag: Jerome Powell
U.S. job openings rise unexpectedly in August
WASHINGTON (AP) – U.S. job openings unexpectedly rose in August, another sign the U.S. labor market remains strong despite higher interest rates – perhaps...
Why the U.S. job market has defied rising interest rates and...
WASHINGTON (AP) – Last year's spike in inflation, to the highest level in four decades, was painful enough for American households. Yet the cure – much...
Federal Reserve is poised to leave rates unchanged as it tracks...
WASHINGTON (AP) – Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues...
Sharply higher gas prices pushed up inflation in August, yet underlying...
WASHINGTON (AP) – A spike in gas prices pushed up inflation in August, yet most other costs rose at a more modest pace, evidence...
Fed’s preferred inflation gauge shows a modest rise in latest sign...
WASHINGTON (AP) – An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and...
Job vacancies, quits plunge in July
WASHINGTON (AP) – Businesses posted far fewer open jobs in July and the number of Americans quitting their jobs fell sharply for the second...
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...
Federal Reserve minutes: Too-high inflation, still a threat, could require more...
WASHINGTON (AP) – Most Federal Reserve officials last month still regarded high inflation as an ongoing threat that could require further interest rate increases,...
U.S. inflation has steadily cooled. Getting it down to the Fed’s...
WASHINGTON (AP) – Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of...
Job openings fall to lowest level in 2 years as demand...
WASHINGTON (AP) – U.S. employers posted fewer jobs in June, a sign that the red-hot demand for workers that has been a key feature...
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