inflation

Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021

Job openings tumbled in October to their lowest in 2½ years, a sign the historically tight labor market could be…

Fed is ‘disconnected’ from reality, must cut rates 5 times next year, portfolio manager says

The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the U.S. economy…

Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen

Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it…

Watch Federal Reserve Chair Jerome Powell speak live in Atlanta on policy

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Fed’s favorite gauge shows inflation rose 0.2% in October and 3.5% from a year ago, as expected

Inflation as measured by personal spending increased in line with expectations in October, possibly giving the Federal Reserve more incentive…

Fed’s Barkin says rate hikes are still on the table if inflation doesn’t continue to ease

Richmond Federal Reserve President Thomas Barkin said Wednesday that policymakers need to retain the option of raising interest rates if…

Fed’s Waller expresses confidence that policy is in the right place to bring down inflation

Federal Reserve Governor Christopher Waller said Tuesday he’s growing more confident that policy is in a place now to bring…

‘Stop the price gouging’: Biden hits corporations over high consumer costs

President Joe Biden took aim at corporations Monday for charging prices he said were artificially high even though the rate…

Biden wants credit for lower Thanksgiving food and travel prices, as inflation drags on his reelection campaign

Gathering around the Thanksgiving table will cost Americans less this Thursday than it did last year, and Democrats hope they’ll…

Fed gave no indication of possible rate cuts at last meeting, minutes show

Federal Reserve officials at their most recent meeting expressed little appetite for cutting interest rates anytime soon, particularly as inflation…