Interest Rates – Page 130

European Central Bank Raises Rates for a 10th Time

In its battle to control inflation, the bank raised its key interest rate to the highest level on record but suggested that rates have reached their peak.

By Eshe Nelson

Consumer Behavior Consumer Price Index Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H United States Economy

Inflation speeds up as gas prices climb, and some details could keep the Fed wary.

The Federal Reserve is likely to closely parse the inflation report released Wednesday, the last major data point before its Sept. 20 rate decision.

By Jeanna Smialek

Federal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Layoffs and Job Reductions United States Economy Wages and Salaries

U.S. Added 187,000 Jobs in August and Unemployment Rose to 3.8%

Employers added 187,000 jobs in August and unemployment rose to 3.8 percent as the economy continued to lose momentum built up after pandemic lockdowns.

By Lydia DePillis

Federal Reserve System Interest Rates Labor and Jobs Powell, Jerome H United States Economy Wages and Salaries

Fed Officials Will Parse Jobs Numbers to Assess Economy’s Momentum

The employment report could be an important factor as central bankers contemplate the future of interest rate policy.

By Jeanna Smialek