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19 April 2024
Inflation
U.S. Inflation Intensified in September
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Oct 13, 2022
WASHINGTON (AP) — Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains that many have received and ensuring that the Federal...
Powell: Inflation Fight May Cause Recession
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Sep 22, 2022
WASHINGTON (AP) — The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession. Speaking at a news conference, Chair...
How Fed Rate Hikes Affect Your Finances
by
ASSOCIATED PRESS
-
Sep 21, 2022
By CORA LEWIS Associated Press NEW YORK (AP) — Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier. Savings rates are slightly juicier, though. As the Federal Reserve has rapidly...
High Inflation in Sight, Fed Signals Rate Hike
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Sep 21, 2022
WASHINGTON (AP) — Last month, when Federal Reserve Chair Jerome Powell spoke at an economic conference in Jackson Hole, Wyoming, he issued a blunt warning: The Fed’s drive to curb inflation by aggressively raising interest rates, he said,...
U.S. Inflation Grows More Persistent
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Sep 14, 2022
WASHINGTON (AP) — U.S. inflation is showing signs of entering a more stubborn phase that will likely require drastic action by the Federal Reserve, a shift that has panicked financial markets and heightens the risks of a recession....
U.S. Inflation Slows But Remains High
by
CHRISTOPHER S. RUGABER, AP Economics Writer
-
Aug 10, 2022
WASHINGTON (AP) — Falling gas prices gave Americans a slight break from the pain of high inflation last month, though overall price increases slowed only modestly from the four-decade high that was reached in June. Consumer prices jumped...
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