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How does the labor market affect inflation?
Yahoo Personal Finance· 1 day agoThe Federal Reserve’s target inflation rate is pretty clear-cut: Since 2012, it has aimed for a 2% inflation rate as measured by the price index for ...
Current Monetary Policy Can Win Against Inflation, Richmond Fed’s Barkin Says
Barrons.com· 1 day agoGrowth in the personal consumption expenditures price index—the Fed’s preferred inflation...
Biden takes aim at Trump-era tax cuts — and his own campaign promise
CQ Politics· 7 days agoTwo weeks ago, President Joe Biden took aim at the Republicans’ 2017 Tax Cuts and Jobs Act and its...
US Dollar Flexes Muscles Against Other Major Currencies: Is Now The Time To Buy?
Benzinga via Yahoo Finance· 12 hours agoThe U.S. dollar has exhibited remarkable strength against major currencies, hitting significant...
Minneapolis Fed’s Kashkari says interest rate conundrum makes 2024 uncertain
Minneapolis-St. Paul Star Tribune· 3 hours agoThe idea of a "new normal" became a post-pandemic cliche, but the president of the Federal Reserve...
Fed leaves interest rates unchanged amid inflation rate higher than 2% target
United Press International via Yahoo Finance· 6 days agoThe Federal Reserve Wednesday voted to keep interest rates unchanged, in line with expectations as...
Daily Spotlight: Raising 2Q GDP Growth Forecast to 1.9%
Argus Research via Yahoo Finance· 15 hours agoAs we discussed in our April webinar, the all-important consumer economy is "mixed," but it is still driving the train. Consumer spending, designated as Personal ...
Gold pulls back, traders hunker down for interest-rate cues
Reuters via Yahoo Finance· 6 days agoHowever, it flagged a "lack of further progress" on inflation. [USD/] The Fed's preferred inflation...
Stock Market Crash Alert: 3 Must-Buy Airline Stocks When Prices Plunge
InvestorPlace via Yahoo Finance· 6 days agoThe recent economic reports have raised concerns about a potential negative future for the United...
Biden’s Hopes That the Fed Might Rescue His Campaign Are Looking Dimmer by the Month
The New York Sun· 6 days agoThe central bank’s decision to hold interest rates steady despite Wall Street — and the White...