Associated PressSeptember 18, 2024
10min0
'We don’t think we need to see further loosening in labor market conditions to get inflation down to 2%.'
Tag: Jerome PowellImage via AP.
Associated PressSeptember 18, 2024Associated PressAugust 30, 2024
6min0
The slowdown in inflation could upend former President Donald Trump’s efforts to saddle Vice President Kamala Harris with blame for rising prices.
Associated PressAugust 23, 2024
10min0
Savers should lock in attractive yields right now.
Associated PressFebruary 2, 2024
11min0
'Overall, the labor market remains strong and continues to defy expectations of a softening.'
Associated PressDecember 13, 2023
7min0
The Fed kept its benchmark rate at about 5.4%, its highest level in 22 years.
Associated PressJune 21, 2023
7min0
'There is a path to getting inflation back down to 2% without having to see the kind of sharp downturn and large losses of employment that we’ve seen in so many past instances.'
Associated PressJune 14, 202310min0
The central bank’s rate hikes have coincided with a steady drop in consumer inflation.
A.G. GancarskiMarch 29, 2023
5min0
'They really are creating potential significant turmoil in the economy going forward.'
Associated PressFebruary 3, 2023
9min0
Employers added 517,000 jobs and the unemployment rate sank to a new 53-year low of 3.4% last month.
Associated PressJanuary 11, 2023
15min0
The economy has kept growing and businesses have kept hiring.