Fed
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PublishedDecember 22, 2023
Federal Reserve’s favored inflation gauge tumbles in November as prices continue to ease
Friday's report from the Commerce Department showed that U.S. consumer prices slid 0.1% last month from October and rose 2.6% from November 2022.
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PublishedDecember 1, 2023
Fed’s Powell notes inflation is easing but downplays discussion of interest rate cuts
Powell's remarks Friday follow comments from a raft of Fed officials this week, with most of them signaling that the Fed can afford to keep its key rate steady in the coming months.
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PublishedSeptember 7, 2023
Applications for unemployment benefits fall to lowest level in 7 months
Recent government data also showed that job openings dropped to 8.8 million in July, the fewest since March 2021 and down from 9.2 million in June.
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PublishedAugust 24, 2023
Hopeful signs of an economic ‘soft landing’ emerge in Jackson Hole as Fed meets with world watching
Business these days in Jackson Hole, Wyoming, is still good – just not as robust as it was after the U.S. economy roared out of the pandemic recession.
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PublishedJuly 14, 2023
Commentary: Yes, a recession is still a possibility
Predictions of a ‘soft landing’ seem both premature and hard to square with some of the data.
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PublishedJune 22, 2023
Fed Chair reinforces likelihood of more interest rate hikes due to persistently high inflation
The central bank has raised its benchmark rate aggressively since March 2022 in a push to slow the economy and reduce inflationary pressure.
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PublishedJune 21, 2023
Fed’s Powell says higher interest rates needed to curb inflation
The Federal Open Market Committee paused its series of interest-rate increases last week for the first time in 15 months, leaving rates in a range of 5% to 5.25%.
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PublishedJune 14, 2023
Federal Reserve leaves interest rates unchanged for 1st time in 15 months
The board of the central bank sees progress on inflation, but says it envisions 2 more rate increases this year.
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PublishedMay 19, 2023
Federal Reserve Chair hints at a pause in rate hikes when central bank meets in June
Powell said the central bank's benchmark rate, which affects many consumer and business loans, is now high enough to restrain borrowing, spending, and economic growth.
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PublishedNovember 30, 2022
Fed to keep rates higher for longer to cut inflation, chairman Powell says
Federal Reserve chief Chair Jerome Powell also signals that the Fed may increase its key interest rate by a smaller increment at its December meeting, only a half-point, after 4 straight three-quarter point hikes.
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