Consumer Spending Moderated in February and Core Inflation Eased
Consumer spending increased a seasonally adjusted 0.2% in February, from January’s revised 2% increase, which was the largest one-month gain...
Jerome Powell
Five big takeaways from the Fed’s extraordinary meeting | CNN Business
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Fed Walks Tightrope Between Inflation and Bank Turmoil—but for How Long?
EconomyCapital AccountCentral bank nods to bank troubles but presses ahead with slightly slower rate increases Source link
Fed Raises Rates but Nods to Greater Uncertainty After Banking Stress
EconomyU.S. EconomyOfficials voted unanimously to increase their benchmark short-term rate by a quarter percentage point Source link
Why Top Washington Officials Chose to Rescue SVB, Signature Depositors
For more than a decade after the collapse of Lehman Brothers in 2008, Washington’s regulatory watchdogs sought to ensure that...
Jobs Report Offers Little to Change Interest Rate Outlook for the Fed
EconomyOfficials are weighing whether to raise the benchmark federal-funds rate by a quarter-point or a half-point Source link
Fed’s Jerome Powell Says Data Will Determine Size of Next Rate Increase
EconomyU.S. EconomyFebruary reports on hiring, inflation will guide rate decision, central bank chair says in testimony Source link
Economy Week Ahead: U.S. Trade in Focus
EconomyEconomy Week AheadFed Chairman Jerome Powell to speak at an event in Washington Source link
Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates
EconomyU.S. EconomyChairman Jerome Powell says too soon to talk about pausing rate increases Source link
Fed’s Inflation Fight Has Some Economists Fearing an Unnecessarily Deep Downturn
Some economists fear the Federal Reserve—humbled after waiting too long to withdraw its support of a booming economy last year—is...
U.S. August Inflation Rate Is Expected Tuesday Amid Lower Gasoline Prices
The U.S. inflation report for August will offer details of the price changes consumers faced at the end of the...
Fed’s Powell Affirms Need to Act Strongly to Fight Inflation
Federal Reserve Chairman Jerome Powell said the central bank is squarely focused on bringing down high inflation to prevent it...
U.S. GDP Fell Less Than Previously Thought in Second Quarter
The second-quarter decline in U.S. economic output was less severe than initially estimated and unemployment claims fell slightly last week,...
Fed Likely to Want Further Evidence of Inflation Slowdown
A slowdown in inflation last month, following recent indications of a robust labor market, complicates the Federal Reserve’s decision on...
If This Is a Recession, We Might Not Know for Months
As the Federal Reserve continues to raise interest rates in its fight against the highest inflation in more than four...
Hot Inflation Report Puts Pressure on Federal Reserve
Another big increase in consumer prices last month led investors Wednesday to anticipate that the Federal Reserve would strongly consider...
U.S. Inflation Hits New Four-Decade High of 9.1%
U.S. consumer inflation climbed to 9.1% in June, a pace not seen in more than four decades, adding pressure on...
Why Consumers’ Inflation Psychology Is Stoking Anxiety at the Fed
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Jerome Powell Pressed Over How Fed Would Respond to Economic Slowdown
Lawmakers pressed Federal Reserve Chairman Jerome Powell over how the central bank would manage trade-offs it could confront if its...
Fed Raises Rates by 0.75 Percentage Point, Largest Increase Since 1994
The Federal Reserve approved the largest interest-rate increase since 1994 and signaled it would continue lifting rates this year at...
