Tag: Jerome Powell
Measure of inflation that is closely tracked by the Federal Reserve...
WASHINGTON (AP) – A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the...
June pause in rate hikes would be close call for Fed...
WASHINGTON (AP) – Federal Reserve officials were divided earlier this month on whether to pause their interest rate hikes at their upcoming meeting in...
U.S. wholesale price data for April points to easing inflation pressures
WASHINGTON (AP) – Wholesale prices in the United States decelerated last month, the latest sign that inflationary pressures may be easing more than a...
U.S. adds a solid 253K jobs despite Fed’s rate hikes
WASHINGTON (AP) – America's employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising...
Fed raises key rate but hints it may pause amid bank...
WASHINGTON (AP) – The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the...
Fed is set to raise rates yet again. After that, then...
WASHINGTON (AP) – The Federal Reserve is on track to raise its benchmark interest rate for the 10th time on Wednesday, the latest step...
A key inflation gauge tracked by the Fed slowed in February
WASHINGTON (AP) – The Federal Reserve's favored inflation gauge slowed sharply last month, an encouraging sign in the Fed's yearlong effort to cool price...
Fed raises key rate by quarter-point despite bank turmoil
WASHINGTON (AP) – The Federal Reserve extended its yearlong fight against high inflation Wednesday by raising its key interest rate a quarter-point despite concerns...
U.S. wholesale inflation fell last month on lower food costs
WASHINGTON (AP) – Wholesale price increases in the United States slowed sharply last month as food costs declined, a sign that inflationary pressures may...
Fed criticized for missing red flags before bank collapse
WASHINGTON (AP) – The Federal Reserve is facing stinging criticism for missing what observers say were clear signs that Silicon Valley Bank was at high...
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