Federal Reserve System – Page 31

Fed’s Preferred Inflation Number Cooled Overall in June

The Personal Consumption Expenditures Index climbed 2.5 percent, still more than the Fed’s 2 percent target, as price increases take time to come down.

By Jeanna Smialek

Consumer Behavior Federal Reserve System Gross Domestic Product Inflation (Economics) Interest Rates Labor and Jobs Production United States Economy

U.S. Economy Grew Faster Than Expected in Second Quarter, at 2.8% Rate

The report on gross domestic product offered new evidence of the economy’s resilience in the face of high interest rates.

By Ben Casselman

Computers and the Internet Federal Reserve System Interest Rates Russell 2,000 Stock Index Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy

Stock Market Rotation Leads to Small Cap Rally

Shifting views on the economy have led to a “rotation” in the stock market. Small stocks and companies geared toward the economic cycle are rising. Big Tech is lagging.

By Joe Rennison

Federal Reserve System Inflation (Economics) Interest Rates internal-storyline-no Powell, Jerome H Trump, Donald J US Dollar (Currency) Vance, J D

The Fed Under Trump 2.0

Donald Trump says he will not fire Jay Powell as chairman of the central bank if he is re-elected president, after threatening to do so. But whether the president even has the authority is open to question.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

mosaec