US inflation easing, job market similar to pre-pandemic conditions, Fed report says
By Howard Schneider (Reuters) -Inflation is easing and the job market has returned to the "tight but not overheated" situation seen before the COVID-19 pandemic threw the U.S. economy into disarray, the Federal Reserve said on Friday in a report to Congress that documented the steady emergence of more normal conditions in the aftermath of the health crisis.
Federal Reserve minutes: Inflation is cooling, but more evidence is needed for rate cuts
Federal Reserve officials at their most recent meeting welcomed recent signs that inflation is slowing and highlighted data suggesting that the job market and the broader economy could be cooling.
Fed Minutes Show Officials See Inflation Slowing, Economy Cooling
Minutes from the June meeting of the Federal Reserve showed that officials saw improvement on inflation as the economy slowed and high interest rates appeared to be working.
Fed rate cut debate to heat up as US job market cools
By Ann Saphir (Reuters) -Federal Reserve policymakers got more evidence of U.S. labor-market cooling on Friday that could boost their confidence they are winning their fight on inflation, and open the path to a more active debate on interest-rate cuts when they next meet in late July.
Fed Chair Jerome Powell: US inflation is cooling again, though it isn’t yet time to cut rates
Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said, while adding that more such evidence would be needed before the Fed would cut interest rates.
Fed says inflation is moving in the right direction
Federal Reserve officials indicated that inflation is moving in the right direction but not quickly enough for them to lower ...
Inflation skews public perception of economy
High inflation is driving a gap between how Americans feel about the economy and how it's actually performing.
Discount retailer Big Lots to shutter stores, may go bankrupt amid ‘elevated inflation’
The nationwide home goods retailer reported inflation has hit hard, resulting in yearly losses and a reliance on dwindling ...
Powell says Fed waiting on rate cuts for more evidence inflation is easing
Fed Chair Jerome Powell said he wants to see more evidence inflation is falling sustainably to officials' 2% goal before ...
Investors just got an inflation wakeup call. Will they answer?
Over the past year, investors have been very vocal in their desire for the Federal Reserve to cut interest rates while ...
What Do Persistent Inflation And Higher Rates Mean For Housing?
More housing would benefit consumers, especially those with less money . . . even with high inflation and rates.
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Is it worth taking out an inflation-linked annuity - or is a level annuity better value?
With inflation hitting 2%, the lowest in almost three years, does it make sense to buy an inflation-linked annuity in ...
Turkey’s Inflation Turnaround Is Arriving After Peak at Over 75%
Turkish inflation probably decelerated for the first time in eight months, ushering in some relief from a cost-of-living ...
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The Federal Reserve’s war on inflation: How it works
The battle to lower inflation continues. Halfway through 2024, and the Federal Reserve’s key interest rate is still at 5.25 ...