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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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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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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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PublishedNovember 16, 2022
Key Fed official says he’s open to slowing hikes in December
Christopher Waller and some other Federal Reserve officials have suggested that the central bank will likely slow the pace of its interest rate hikes beginning in December.
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PublishedOctober 13, 2022
Worsening inflation will pressure Fed to keep raising rates
Even with widespread price spikes, the September data showed that the prices for many physical goods, including clothing, used cars, furniture, and appliances, dropped last month.
Fed
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