Federal Reserve System – Page 141

Smaller Rate Increase by Federal Reserve Likely as Inflation Cools

America’s central bank is expected to raise rates by a quarter point on Wednesday. The question now is what comes next.

By Jeanna Smialek

The Personal Consumption Expenditures price index climbed 5 percent from a year earlier, slower than the reading last month.

By Jeanna Smialek

Fresh data offered more detail on how shoppers retrenched at the end of 2022.

By Ben Casselman and Jeanna Smialek

Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.

By Ben Casselman