Powell, Jerome H – Page 48

Biden Loves the Jobs Report, but the Fed Likely Does Not

The president is celebrating a jobs engine that is running hot; Federal Reserve officials want to see more signs of slowing growth amid their campaign to tame inflation.

By Jim Tankersley and Jeanna Smialek

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The Fed’s Preferred Inflation Gauge Slowed in October

A measure of inflation that the Fed watches most closely is showing signs of moderation, though price gains still remain too fast for comfort.

By Jeanna Smialek

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Powell says that rates will rise more and remain high ‘for some time.’

The Federal Reserve chair said the central bank will keep lifting rates to control price increases, and played down a recent cooling in inflation.

By Jeanna Smialek

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A Holiday Season Divided by Inflation and Economic Struggles

Even if policymakers achieve a gentle economic slowdown, it won’t be smooth for everyone.

By Jeanna Smialek and Tony Luong

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