Tuesday, March 21, 2023

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Fed’s Barkin: ‘Slow progress’ on inflation, sees more hikes 

WASHINGTON (AP) – A top Federal Reserve official downplayed recent signs that the economy is strengthening, but also said he is prepared to keep...

How much ‘pain’? Fed to signal more rate hikes ahead 

WASHINGTON (AP) – Federal Reserve Chair Jerome Powell bluntly warned in a speech last month that the Fed's drive to curb inflation by aggressively...

Key inflation gauge hit 6.1% in January, highest since 1982 

WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve jumped 6.1% in January compared with a year ago, the...
THE HEAD OF THE Federal Reserve Bank of Cleveland says that the tariffs imposed by the U.S. government are starting to have an impact on investments being made or planned by some U.S. companies. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

America’s tough industrial core is showing cracks

LONDON – The mural in the Federal Reserve Bank of Cleveland’s lobby depicts its place in the trenches of the U.S. industrial economy. So it’s...
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