Taming inflation will inflict ‘pain’ on Americans — Fed’s Powell
WASHINGTON, United States—Taming US inflation will inflict “pain” on American families and businesses, but failure to wrestle prices down from ...
Read moreTag: US inflation
US inflation eased in July amid falling crude prices
WASHINGTON, United States—Red-hot US inflation cooled slightly in July, which could open the door for the Federal Reserve to dial ...
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Fed attacks US inflation with another interest rate hike
The US Federal Reserve on Wednesday again raised the benchmark interest rate by three-quarters of a percentage point in its ...
Read moreFed Reserve officials stressed ‘determination’ to reduce inflation—minutes
WASHINGTON, United States—US central bankers stressed their “strong commitment and determination” to bring raging inflation under control including with more ...
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Revved up American demand for used cars sends prices soaring
By Delphine Touitou ARLINGTON, Virginia—The used car market in the United States is seeing an unprecedented phenomenon: owners selling vehicles ...
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Fed should rush stimulus pullback due to inflation
WASHINGTON—The sharp rise in US inflation even as the labor market rapidly improves means the Federal Reserve should remove stimulus ...
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Asian markets struggle for traction ahead of US inflation data
Investors trod cautiously in early Asian trade Tuesday as they awaited US inflation data that could play a key role ...
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US Federal Reserve chief says stimulus to continue despite high inflation
WASHINGTON—Even as US inflation has hit the highest rate in over a decade, the central bank is sticking to its ...
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