Wholesale goods cause inflation to rise
Prices on wholesale goods are pushing inflation higher.
Federal Reserve Bank
Federal Reserve cuts interest rates for 2nd time
The Federal Reserve has lowered interest rates by a quarter-point for the second time this year.
Fed’s favored inflation gauge accelerates slightly in August
The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier.
Powell signals Federal Reserve to move slowly on interest rate cuts
Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials this week who have called for a more urgent approach.
The Federal Reserve wrestles with how many interest rate cuts to make and how fast
With the Federal Reserve widely expected Wednesday to reduce its key interest rate by a quarter-point to about 4.1%, economists and Wall Street investors will be looking for signals about next steps: How deeply might the Fed cut in the next few months?
Powell says Federal Reserve can wait on any interest rate moves
The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday.
American workers spend fewer hours commuting post-pandemic
During the COVID-19 pandemic, more people started to work from home, which meant less time spent in traffic.
During the COVID-19 pandemic, more people started to work from home, which meant less time spent in traffic.
