US consumer prices hit new 40-year high as Ukraine shock looms
US consumer prices hit a new 40-year high last month as the world's largest economy continued to be battered by ...
Read moreTag: US economy
US Fed official sees big hike at March meeting
Washington, United States—The US economy is healthy enough that interest rates should go from their current zero level to one ...
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Fed officials expect quicker US rate hikes
WASHINGTON, United States—Faced with stubbornly high inflation, US central bankers are considering an accelerated schedule for raising the benchmark borrowing ...
Read moreUS hiring in January surprisingly up despite COVID-19
WASHINGTON, United States—The US economy brushed off a spike in COVID-19 infections to add 467,000 jobs in January, far better ...
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Fed’s Powell pledges to fight inflation in second term
WASHINGTON, United States—The pressures pushing prices to multi-decade highs are likely to last through the middle of the year, and ...
Read moreFederal Reserve sees rate hikes ‘sooner’ as inflation spikes: meeting minutes
WASHINGTON, United States—Federal Reserve officials last month were concerned about the Omicron impact, but believed the US economy had recovered ...
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US Fed to announce stimulus tapering in this week’s meeting
WASHINGTON—The Federal Reserve is set to begin removing a major plank of the stimulus policies it rolled out last year ...
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US economy expanded 6.5% in 2nd quarter
WASHINGTON—The US economy expanded 6.5 percent annualized in the second quarter, according to government data released Thursday, a far slower ...
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Fed to meet as inflation, virus variants complicate US recovery
As rising prices and the spread of new COVID-19 variants increase risks to the US economy, Federal Reserve officials are ...
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US economy not yet ready for end to Fed stimulus plan
Washington—The recovery in key areas of the US economy is not sufficient enough for the Federal Reserve to start pulling ...
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