Federal Reserve officials back moving interest rates higher in order to slow the economy, minutes show
admin Federal Reserve officials in July agreed that it was necessary to move their benchmark interest…
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New York Empire State factory gauge plunges in August deep into contraction territory
The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing…
Read MoreNew York Empire State factory gauge plunges in August deep into contraction territory
The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing…
Read MoreFed’s Barkin wants to keep hiking interest rates until there is a ‘sustained period’ of inflation under control
While the inflation data this week was certainly “welcome,” the Federal Reserve should continue to…
Read MoreU.S. import prices decline in July for the first time this year
The numbers: The cost of imported goods fell 1.4% in July, the U.S. Labor Department…
Read MoreU.S. import prices decline in July for the first time this year
The numbers: The cost of imported goods fell 1.4% in July, the U.S. Labor Department…
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Six Flags stock tumbles as big attendance miss leads to surprise revenue decline Shares of…
Read MoreJuly inflation and jobs data suggest no recession this year, Laura Tyson says
““We’re not likely to see a recession this year.”” Worries about a recession, at least…
Read MoreFed’s Kashkari says July CPI is ‘first hint’ of possible good news on inflation
The July consumer price data released Wednesday is the “first hint” that U.S. inflation might…
Read MoreU.S. consumer price inflation cools in July, core prices sticky
The numbers: The U.S. consumer price index was unchanged in July, the Labor Department said…
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