Tag: Federal Reserve

A manufacturing worker.

Average real earnings plunged 3.6% in past year as inflation made workers poorer

Zach Halaschak · July 13, 2022 5:00 pm

Beltway Confidential

Inflation continues to blow past expectations because interest rates are still negative

Tiana Lowe Doescher · July 13, 2022 2:22 pm

A Federal Reserve-driven recession

Desmond Lachman · July 12, 2022 12:00 am

Federal Reserve Chairman Jerome Powell speaks to the Senate Banking, Housing and Urban Affairs Committee, as he presents the Monetary Policy Report to the committee on Capitol Hill, Wednesday, June 22, 2022, in Washington.

Strong jobs report bolsters Fed campaign for huge rate hikes

Zach Halaschak · July 10, 2022 11:00 am

Fed vice chairwoman calls for more crypto regulations after market collapse

Christopher Hutton · July 8, 2022 10:42 pm

A now hiring sign is seen in front of a business along the boardwalk, Thursday, June 2, 2022, in Ocean City, New Jersey. Many seasonal businesses are struggling to find enough workers again this summer.

Economy added 372,000 jobs in June, unemployment steady at 3.6%

Zach Halaschak · July 8, 2022 12:31 pm

Pandemic’s reshaping of economy complicates recession predictions

Emma Loop · July 8, 2022 3:00 am

Annual inflation was slightly negative in April because of the falling cost of energy, even as other prices showed strong month-to-month gains. (AP Photo/Wilfredo Lee)

State inflation assistance could make it more difficult to rein in prices

Zach Halaschak · July 7, 2022 7:45 pm

A sale sign stands outside a home in Wyndmoor, Pa., Wednesday, June 22, 2022.

Mortgage rates have biggest weekly drop since 2008

Zach Halaschak · July 7, 2022 4:42 pm

Luis Ramos works at the Howard McCray's commercial refrigeration manufacturing facility in Philadelphia.

Job openings fall for second straight month

Zach Halaschak · July 6, 2022 3:24 pm

In this Oct. 24, 2013, photo, black tank cars of the type used to transport crude oil from North Dakota head toward a refinery in Anacortes, Wash. Hundreds of rail cars carrying crude oil could soon be chugging across the Northwest, bringing potential jobs and revenues but raising concerns about potential oil spills, increased train traffic and other issues. With five refineries in the state, Washington has long been accustomed to receiving crude oil from Alaska by ship, barges or pipelines. But ports and refineries are now turning to trains to take advantage of a boom in oil from North Dakota's Bakken region. (AP Photo/Skagit Valley Herald, Scott Terrell)

Commodity prices drop in sign that inflation may be peaking

Zach Halaschak · July 5, 2022 7:57 pm

Ignore the wealth effect at your peril

Desmond Lachman · July 2, 2022 12:00 am