Fed raises interest rates half a point
The Federal Reserve on Wednesday raised its benchmark interest rate to the highest level in 15 years, indicating that the fight against inflation is not...
Fed’s Collins expresses hope that inflation can be tamed without hitting jobs
Boston Federal Reserve President Susan Collins expressed confidence Friday that policymakers can tame inflation without doing too much damage to employment. “By raising rates, we...
Fed officials welcome October CPI but still see tighter policy ahead
Prices of fruit and vegetables are on display in a store in Brooklyn, New York City, March 29, 2022. Andrew Kelly | Reuters Federal Reserve...
Fed officials Barkin and Collins see possibility for slower rate hikes ahead
Two Federal Reserve officials indicated Friday that they expect further interest rate increases but will be looking closely at whether those moves need to be...
Fed approves 0.75-point hike to take rates to highest since 2008 and hints at change in policy ahead
The Federal Reserve on Wednesday approved a fourth consecutive three-quarter point interest rate increase and signaled a potential change in how it will approach monetary...
An often-overlooked economic measure is signaling serious trouble ahead
Employees work at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022. Bob Strong | Reuters The economy sent a low-key signal Thursday...
Fed minutes October 2022:
Federal Reserve officials have been surprised at the pace of inflation and indicated at their last meeting that they expect higher interest rates to remain...
Fed’s Evans says fighting inflation is the top priority even if that means job losses
Chicago Federal Reserve President Charles Evans said the central bank is holding fast in its commitment to bring down inflation even if it means people...
Inflation accelerated even more than expected in August
Inflation in August was stronger than expected despite the Federal Reserve’s efforts to bring down prices, according to data Friday that the central bank follows...
Inflation isn’t just about fuel costs anymore, as price increases broaden across the economy
A person shops in a supermarket as inflation affected consumer prices in New York City, June 10, 2022. Andrew Kelly | Reuters For the better...