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The Fed’s huge challenge: Taming inflation, without starting a recession By Matt Egan, CNN Business 5 minute read Published 6:40 AM EST, Wed December 15, 2021 ...
The Federal Reserve lowered interest rates on Wednesday by an additional quarter percentage point while pulling back on planned rate cuts next year as inflation proves to be a bigger challenge ...
The Fed’s inflation challenge: Getting the policy and the messaging right. Fed officials have worked to clarify that their meaning behind ‘transitory’ inflation is quite different from the ...
As the Federal Reserve intensifies its effort to tame inflation, its officials are casting their aggressive drive as a blow against economic inequality. Fed views inflation as worsening economic ...
The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures index, climbed 4.4 percent in April, a slight increase from March.
Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.
WASHINGTON (AP) — Still grappling with persistently high inflation, the Federal Reserve faces an entirely new — and in some ways conflicting — challenge as it meets to consider interest ...
The collapse of Silicon Valley Bank, the second-biggest bank failure in U.S. history, has thrust the financial system into distress, pulling attention away from a separate problem: sky-high inflation.
The report, released by the Cleveland Fed, was based on a survey of just over 6,000 firms with fewer than 500 employees, conducted between September and November last year.
The Fed’s goal is 2 percent inflation. ... “The challenge for the Fed is that it just becomes more and more difficult to downplay it, because there’s just more and more evidence,” he said.
Economy Fed cuts interest rates a third time, points to inflation as challenge for 2025. The central bank signals just two rate cuts next year, down from four.