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Cashiers process purchases at a Walmart Supercenter in North Bergen, New Jersey, on Feb. 9, 2023. (AP Photo/Eduardo Munoz Alvarez)
Feb 14, 2023

Inflation slows to 6.4%, but price pressures re-emerge

The pace of consumer price increases eased again in January, the latest sign that the high inflation that has gripped Americans for two years is slowing.

Feb 8, 2023

Md. Republicans renew push to eliminate gas tax hikes triggered by inflation

Maryland Republicans are again pushing to eliminate an automatic increase in the state’s gas tax tied to inflation.

Federal Reserve Chair Jerome Powell speaks at the Economic Club of Washington at the Renaissance Hotel in Washington on Feb. 7, 2023. (AP Photo/Jess Rapfogel)
Feb 7, 2023

Fed’s Powell: Strong hiring could force further rate hikes

Federal Reserve Chair Jerome Powell said that the Fed might have to raise its benchmark interest rate higher than it now projects.

Feb 3, 2023

An unexpected job surge confounds the Fed’s economic models

The past year’s consistently robust hiring gains have defied the fastest increase in the Fed’s benchmark interest rate in four decades.

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing March 3, 2022 on Capitol Hill in Washington. (Tom Williams, Pool via AP)
Feb 1, 2023

Fed announces smaller rate hike, signals more ahead

The Federal Reserve extended its fight against high inflation by raising its key interest rate for the eighth time since March.

A shopper checks out an item in a Target store in Pittsburgh on Monday, Jan. 23, 2023. (AP Photo/Gene J. Puskar)
Jan 27, 2023

Inflation and consumer spending cooled in December

The Federal Reserve's preferred inflation gauge eased further in December, and consumer spending fell.

Jan 24, 2023

Federal Reserve, markets in standoff on interest rate hikes

Investors still don’t seem to fully believe what the Fed warns is coming next: higher rates through the end of the year.

Federal Reserve Board Vice Chair Lael Brainard speaks during a conversation with leaders from organizations that include nonprofits, small businesses, manufacturing, supply chain management, the hospitality industry, and the housing and education sectors at the Federal Reserve building in Washington on Sept. 23, 2022. (AP Photo/Manuel Balce Ceneta, File)
Jan 19, 2023

Fed official backs smaller hikes, saying inflation easing

A Federal Reserve vice chair said recent reports show high inflation is easing and suggested it was possible that price acceleration may cool without causing significant job losses.

Jan 18, 2023

Fed official: Rate hikes have begun to quell inflation

Growing evidence that high inflation is finally easing shows that the Federal Reserve's sharp interest rate hikes are working as intended, a key Fed policymaker said.

Early-morning light shines on shops on Main Street in Bar Harbor, Maine, on June 11, 2022. Small businesses face a mix of old and new challenges as 2023 begins. (AP Photo/Robert F. Bukaty, File)
Jan 13, 2023

Small businesses have long list of challenges to tackle in 2023

Small businesses face a mix of old and new challenges as 2023 begins.

Jan 12, 2023

Consumer inflation eased again to 6.5% in December

Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year.

Missouri Treasurer Scott Fitzpatrick displays a $1 bill signed by the former treasurer of the United States on Dec. 15, 2022, at his office in Jefferson City, Missouri. Due partly to rising interest rates, Missouri had earned more than $116 million on investments through the first five months of its current fiscal year — nearly double the amount earned the entire previous year. (AP Photo/David A. Lieb)
Dec 28, 2022

States banking big bucks as Fed attempts to fight inflation

State governments emerging from the coronavirus pandemic built historic cash surpluses, and many are banking millions off those surpluses as the Fed fights inflation with higher interest rates.

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