Still, while the yearly rise in consumer prices has moderated from a high of 9.1% in mid-2022, inflation is still running ...
Federal Reserve policymakers were still willing to raise rates if the economy surprised them, notes from their most recent meeting suggested. By Jeanna Smialek Jeanna Smialek covers economics and ...
"Participants observed that while inflation had eased over the past year, in recent months there had been a lack of further progress toward the Committee's 2 percent objective," the summary stated.
The Federal Reserve kept its benchmark rate in a range of 5.25% to 5.5%, the same level where it's been parked since July ...
After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that ...
The economy has been resilient amid inflation and high interest rates. Still, investors should be aware of stagflation's red flags. The Latest Fed interest rate moves can affect mortgage rates.
WASHINGTON (AP) — After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought ...