The confidence of American consumers rebounded this month to end the year on a high note despite high inflation.
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Read More »December 21, 2022 Comments Off on Consumer confidence bounces back, ending year on high note
The confidence of American consumers rebounded this month to end the year on a high note despite high inflation.
Tagged with: consumer confidence inflation
Read More »December 20, 2022 Comments Off on Christmas tree demand remains high despite inflation
For all the worries about inflation and the economy, Americans aren’t scrimping on a centerpiece of many celebrations this holiday season: the Christmas tree.
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Read More »December 16, 2022 Comments Off on Inflation dampens otherwise bright small biz holiday season
Small retailers say this year is still far from “normal” because decades-high inflation is forcing them to raise prices and making shoppers rein in spending.
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Read More »December 16, 2022 Comments Off on Recession a growing fear as Fed plans to keep rates high
After scaling 40-year highs, inflation in the United States has been slowly easing since summer. Yet the Federal Reserve seems decidedly unimpressed.
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Read More »December 15, 2022 Comments Off on Retail sales drop at start of key holiday shopping season
Americans cut back sharply on retail spending last month as the holiday shopping season began.
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Read More »December 15, 2022 Comments Off on Why doesn’t the Federal Reserve target another number?
What’s so special about the number 2? Quite a lot, if you’re a central banker – and that number is followed by a percent sign. That’s been the de facto or official target inflation rate for the Federal Reserve, the ...
Tagged with: federal reserve inflation Veronika Dolar
Read More »December 14, 2022 Comments Off on Fed raises key rate by half-point and signals more to come
The Federal Reserve reinforced its inflation fight by raising its key interest rate for the seventh time this year.
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Read More »December 13, 2022 Comments Off on Slowdown in inflation eases some pressure on households
Inflation in the United States slowed again last month in the latest sign that price increases are cooling.
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Read More »December 1, 2022 Comments Off on Inflation gauge tracked by the Fed slows to still-high 6%
A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October.
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Read More »November 30, 2022 Comments Off on Powell: Fed to keep rates higher for longer to cut inflation
The Federal Reserve will push rates higher than previously expected and keep them there for an extended period, Chair Jerome Powell said.
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