Federal Reserve officials are debating how high to raise interest rates to fully wrangle inflation. The debate was in focus at their meeting last month.
Category: Powell, Jerome H
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Fed Officials Were Wary About Slow Inflation Progress at June Meeting
Federal Reserve officials are debating how high to raise interest rates to fully wrangle inflation. The debate was in focus at their meeting last month.
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Key Inflation Gauge Cooled in May, Welcome News for Federal Reserve
The Federal Reserve is monitoring “core” price increases for a hint at how inflation will develop. They slowed slightly in May.
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Fed Chair Says He Expects Slower Rate Increases to Continue
After rapid interest rate increases, Federal Reserve officials could move to a steadily slower pace — though they aren’t ready to commit.
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Top Central Bankers Expect More Rate Increases Amid Stubborn Inflation
The heads of the Federal Reserve, European Central Bank and Bank of England said that while inflation was moderating somewhat there was still more work to be done.
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Can Bidenomics Revive Biden’s 2024 Presidential Bid?
The president plans to extol his economic achievements in a big campaign-style speech. But inflation and recession fears could overshadow the message.
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What Is Happening in the Housing Market?
Home construction surged in May and prices have ticked up, even with interest rates at a 15-year high. The resilience has surprised some economists.
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Economists Warn a Summer of Fun Could Lead to Autumn Pain
Consumers are splurging on expensive but fun experiences, from nights out to concerts — and that may force central banks to keep raising rates.
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Fed Chair Sees ‘Long Way to Go’ on Inflation Fight
Jerome H. Powell, the chair of the Federal Reserve, is set to tell House lawmakers that most central bank officials expect rates to rise further.
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Inflation Has Eased, but Economists Are Still Worried
Inflation has come down from its 2022 heights, but economists are worried about its stubbornness.
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Inflation Has Eased, but Economists Are Still Worried
Inflation has come down from its 2022 heights, but economists are worried about its stubbornness.
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President Biden Renews Fight on ‘Surprise Fees’ as Inflation Stays High
President Biden will host executives from several companies, including Airbnb and Live Nation, to announce new efforts to end so-called junk fees as inflation remains high.