Why did the Bank stick to 4% and what does it mean? - Here the PA news agency looks at what the decision means and what the ...
A new study from the Federal Reserve Bank of Boston finds that sentiment in Beige Book reports improves short-term recession ...
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of both higher ...
The Fed’s decision was aimed at jump-starting a slowing economy clouded by stubborn sticky inflation and political tension.
Federal Reserve Chair Jerome Powell’s comments Wednesday appeared to heighten financial experts’ fears that tariffs on goods imported to the U.S. could bring about an economic condition known as ...
If the unemployment rate goes up and people cut back on shopping, and wages in general stagnate as more people are looking for jobs, could that offset any tariff-driven driven inflation or inflation ...
WASHINGTON (AP) — President Donald Trump’s tariff policy, immigration crackdowns and sweeping tax and spending law are expected to increase jobless rates and inflation and lower overall growth this ...
A GRIP ON SPORTS • There is a worry among economic forecasters that the United States’ economy could descend into a period of what they term stagflation. It’s a rare period of high inflation and ...
The Federal Reserve opted to leave interest rates unchanged on Wednesday, citing heightened risks of rising inflation and slowing growth, which have prompted renewed warnings about stagflation. The ...
TUCSON, Ariz. (KGUN) — At Feast in Midtown, owner Doug Levy said he’s expecting to turn a profit for the first year since the pandemic. His business has been having a tough time in recent years and ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...