Key Fed inflation gauge shows no relief for squeezed families
An inflation measure closely watched by the Federal Reserve ticked higher in July as steep prices continue to squeeze millions of US ...
Tag: federal reserve
Job openings plunge to 8.8M in July in welcome news for Fed
Businesses posted far fewer open jobs in July and the number of Americans quitting their jobs fell sharply for the ...
US payroll may lose 500,000 jobs in US government data revision
US payroll growth in the year through March may have been weaker than previously reported — to the tune of ...
Fed’s Jerome Powell says more rate hikes are likely this year
With inflation in the United States still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chair Jerome ...
Fed’s preferred inflation gauge rose to 4.4% in April
A key index of US prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in ...
Fed’s preferred inflation gauge stayed high in March
A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the ...
Jerome Powell tricked by fake call from Russia pranksters
Federal Reserve Chair Jerome Powell was tricked into an extended phone call in January with Russian pranksters posing as Ukrainian ...
GDP growth slowed sharply in latest quarter amid Fed rate hikes
The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates ...
March new home sales surged 9.6% to one-year high
Sales of new US single-family homes jumped to a one-year high in March, likely as a retreat in mortgage rates boosted demand. ...
March existing home sales fell 2.4% in tepid homebuying season start
Sales of previously occupied US homes fell in March and prices edged lower for the second month in a row, ...
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