+8.3% in Aug. +6.3% excluding food and energy +8.3% in August +6.3% excluding food and energy +8.3% in August +6.3% excluding food and energy Inflation remained uncomfortably rapid in August […]
Federal Reserve System
Trending topics and news from the Federal Reserve System category
Back to news homeFed’s Exit Puts World’s Biggest Bond Market on Shakier Ground
Traders are worried about the world’s largest and most important government bond market, as the Federal Reserve quickens the pace at which it removes one of its primary pandemic supports.When […]
Shock Waves Hit the Global Economy, Posing Grave Risk to Europe
Russia’s invasion of Ukraine and the continuing effects of the pandemic have hobbled countries around the globe, but the relentless series of crises has hit Europe the hardest, causing the […]
U.S. Job Growth Slowed in August
“Unfortunately, as the demand and sales volumes pulled back, we had to account for that,” said Seth Barnes, who owns the company with his wife, Samantha. “We’re a little more […]
What Will Happen to Black Workers’ Gains if There’s a Recession?
Black Americans have been hired much more rapidly in the wake of the pandemic shutdowns than after previous recessions. But as the Federal Reserve tries to soften the labor market […]
Stock Market in Limbo as Investors Look to Fed’s Powell for Guidance
Investors are bracing for Jerome H. Powell, the Federal Reserve chair, to deliver a stern warning that the bank is far from finished in its campaign to slow inflation with […]
Inflation Cooled in July, Welcome News for White House and Fed
Inflation cooled notably in July as gas prices and airfares fell, a welcome reprieve for consumers and a positive development for economic policymakers in Washington — though not yet a […]
In an Unequal Economy, the Poor Face Inflation Now and Job Loss Later
The lease lasts only a year, however, and Ms. Clarke is worried about finding somewhere to live if it isn’t renewed. Even now, she is barely making ends meet: She […]
How This Economic Moment Rewrites the Rules
Indeed, the Federal Reserve is trying to cut it off. Jerome H. Powell, the Fed chair, has described the labor market, with twice as many open jobs as unemployed workers, […]
With Surge in July, U.S. Recovers the Jobs Lost in the Pandemic
U.S. job growth accelerated in July across nearly all industries, restoring nationwide employment to its prepandemic level, despite widespread expectations of a slowdown as the Federal Reserve raises interest rates […]