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NPR's Ayesha Rascoe speaks to economist Claudia Sahm about cooling inflation rates and about the Federal Reserve's strategy in keeping interest rates high. These days, the way Americans ...
Interest rates are headed higher again, as the Federal Reserve resumes its fight with inflation. That effort is almost a year and a half old now. At the same time, Fed Chair Jay Powell wants ...
No interest rate cut by Federal Reserve as inflation remains above target 05:58. The Federal Reserve said Wednesday that it will leave its benchmark rate unchanged, hitting the brakes ...
After raising the federal funds rate to a 23-year high to curb a pandemic-related price surge in 2022 and 2023, the Fed slashed it as its preferred annual inflation measure fell from 5.6% in ...
The Federal Reserve raised interest rates Wednesday for the first time since 2018, kick-starting its efforts to tackle the country's highest inflation in four decades.
Federal Reserve issues 8th consecutive interest rate hike 00:22. Yet Philip Jefferson, a member of the Fed's Board of Governors, offered remarks Friday at the monetary policy conference that ...
The Federal Reserve on Wednesday announced that it will leave a key interest rate unchanged for the second consecutive meeting amid uncertainty over inflation, the labor market and tariffs' ...
The Federal Reserve said inflation has remained stubbornly high and it doesn’t plan to cut interest rates until it has confidence that price increases are slowing.