Key Inflation Rate Hits 2.4% in November, Near 2% Fed Target
Inflation rose slightly in November, according to a U.S. Bureau of Economic Analysis report released December 20, as a recent ...
Tag: Fed
Fed Cuts Interest Rates by a Quarter-Point, Third Cut This Year
As widely expected, Federal Reserve (Fed) officials lowered interest rates again, marking the third cut this year—although markets wobbled based ...
Inflation Up Again, According to December Consumer Price Index
After a year of inflation coming down, the last stretch of 2024 has seen a reverse course, per the latest ...
November Sees 227,000 New Jobs; Unemployment Stays Flat at 4.2%
Total nonfarm payroll employment rose by 227,000 in November—higher than expectations—and the unemployment rate changed little at 4.2%, the U.S. ...
Fed Chair Jerome Powell Is Optimistic About the Economy, Unsure of Third Rate Cut This Year
“Will the Fed cut interest rates?” That’s a question on everyone’s mind whenever Federal Reserve Chair Jerome Powell speaks publicly—including ...
Employment Report Comes in Flat, Adding to Economic Worries
With only days before the presidential election and with inflation on track to fully normalize, all eyes have been on ...
Mortgage Rates See Surprising Rise This Week
Mortgage rates reversed course from their consistent decreases as of late, possibly due to a stronger than expected September Jobs ...
Fed Makes Aggressive Interest Rate Cut
The Federal Reserve (Fed) has turned expectations into a reality, making its first interest rate cuts since the start of ...
Inflation Continues Decline in Latest Consumer Price Index
In a seemingly positive sign for consumers, inflation has now posted the lowest recent annual increase two months in a ...
August Sees 142,000 New Jobs as Labor Market Cools; Fed Surely Noticing
Ahead of a key Federal Reserve meeting later this month to set interest rates, total nonfarm payroll employment increased by ...
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