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PublishedJuly 28, 2023
U.S. price and wage increases slow further in the latest signs of cooling inflation
A price gauge closely monitored by the Fed rose just 3% in June from a year earlier, which is down from a 3.8% annual increase in May, but still above the Fed’s 2% inflation target.
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PublishedJuly 26, 2023
Federal Reserve raises its key rate for 11th time by a quarter-point in its drive to slow inflation
Coming on top of its previous rate hikes, the Fed’s latest move could lead to further increases in the costs of mortgages, auto loans, credit cards and business borrowing.
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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 13, 2023
U.S. inflation slows, giving room for Fed to pause rate hikes
The Fed will likely announce that it’s skipping a rate hike but may resume raising rates as soon as July.
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PublishedMay 10, 2023
U.S. prices stay high, showing inflation pressures persist
Inflation eased for a 10th straight month, but prices are still increasing faster than normal.
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PublishedApril 12, 2023
Cheaper gas and food provide some relief from U.S. inflation
Consumer prices were up just 5% in March, down sharply from February’s 6% year-over-year increase and the mildest such rise in nearly 2 years.
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PublishedMarch 14, 2023
U.S. consumer prices ease but stay high, putting Fed in tough spot
With the recent collapse of Signature and Silicon Valley banks, the agency may have to shift its focus from taming inflation to boosting confidence in financial institutions.
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PublishedFebruary 16, 2023
Cautious but steady consumers buoying hopes for U.S. economy
Nearly three years after the pandemic caused a brief but brutal recession and then a powerful rebound, the economy appears to have entered a phase in which growth might not be so forceful as to fuel high inflation.
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PublishedFebruary 14, 2023
U.S. inflation slows to 6.4%, but price pressures reemerge
High costs keep pressure on the Federal Reserve to raise its benchmark interest rate further and to keep it there through year's end.
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PublishedJanuary 31, 2023
Small Midcoast farms reluctantly hike egg prices for the first time in years, but not for same reason as big farms
National egg distributors claim avian flu as the culprit for soaring egg prices, but local farmers attribute it to rising fuel and feed costs.
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