Federal Reserve

Fed Unleashes Another Big Rate Hike But Hints At A Pullback

The Fed’s move raised its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years.
By Christopher Rugaber, AP

Democrats Increasingly Worry About The Federal Reserve Crushing The Economy

Mass unemployment is a bad way to tame inflation, Sens. Elizabeth Warren, Bernie Sanders, Sherrod Brown and others argue.
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The Federal Reserve Is Coming For Your Next Raise

Your own paycheck is a battleground in the fight over inflation.
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U.S. Inflation Pressures Further Intensified In September

Thursday’s report represents the final U.S. inflation figures before the Nov. 8 midterm elections after a campaign season in which spiking prices have fueled public anxiety.
By Christopher Rugaber, AP

U.S. Hiring Stayed Solid In September As Employers Add 263,000 Jobs

September’s slightly more moderate pace of hiring may be welcomed by the Fed, which has been trying to tame high inflation without causing a recession.
By Paul WIseman, AP

Employers Scale Back Job Openings As Federal Reserve Attacks Inflation

Reduced openings are a clear sign that the Fed’s anti-inflation strategy is taking effect — but also a potential omen of economic hardship to come.
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Fed Chair Jerome Powell Says He Doesn't Know If He's Causing A Recession

Powell spoke more candidly than before about the economic risks of hiking interest rates in order to reduce inflation.
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Driven By Consumers, U.S. Inflation Grows More Persistent

U.S. inflation is showing signs of entering a more stubborn phase that will likely require drastic action by the Federal Reserve, a shift that has panicked financial markets and heightens the risks of a recession.
By CHRISTOPHER RUGABER, AP

U.S. Inflation Falls For 2nd Straight Month On Lower Gas Costs

On a monthly basis, prices rose 0.1%, after a flat reading in July.
By Christopher Rugaber, AP

Arizona Senate Nominee Blake Masters Posts Racist, Sexist Tweet

Diversity at the Federal Reserve is a “compelling explanation” for a bad economy, Masters implied.
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