Tags: Federal Reserve
Federal Reserve keeps interest rates steady
Federal Reserve Chairman Jerome Powell claims inflation has decreased over past year.
Fed keeps interest rates flat for now
Federal Reserve has raised interest rates 11 times since March 2022.
U.S. reports increase in key inflation gauge
The Commerce Department’s personal consumption expenditure (PCE) index rose 0.2% from June to July. On an annualized basis, it rose from 3.3% compared to a year before, up […]
Inflation drops to lowest rate in nearly two years
The Labor Department reported on Wednesday that consumer prices rose only 3 percent during the 12 months ending in June. That’s down significantly from May’s number of 4% […]
Fed says banking system strong, resilient
Computer simulation finds banks could withstand a recession.
Inflation shows signs of easing
Federal Reserve may approve another interest rate hike in July.
Fed softens stance on inflation control
Federal Reserve raises interest rates another quarter point.
GDP growth weakens in first quarter
Inflation remains high as Federal Reserve expected to raise interest rates again.
Labor Department reports 236K added jobs in March
Average hourly wages up 4.2 percent from last year.
Consumer price growth slows down
Report comes after Federal Reserve recently raises interest rates.
Fed raises interest rates a quarter point
The Federal Reserve’s decision on Wednesday to raise interest rates for the ninth time since last March comes amid turmoil in the banking sector. Fed Chairman […]
Biden says banking system strong after 2 collapse
Banks in California, New York recently fail.
US economy adds more than 500,000 jobs in January
Leisure and hospitality field adds 128,000 jobs.
Consumer prices decline, raise hopes
U.S. might be over worst bout of inflation in 40 years.
Wells Fargo ordered to pay $3.7 billion for violations
More than $2 billion to go to consumers.
Fed raises interest rates, hints at pullback
Increase marks sixth raise in 2022 as Fed tries to tame inflation.
Interest rate hikes, both foreign and domestic
Inflation creating cost of living crisis in U.S. and Europe.
Fed hikes rates by three quarters of a point
Interest rates could increase to 4 percent by December.
Economy shrinks, Fed raises rates
Federal Reserve voted to raise interest rates on Wednesday.