Tag: Interest Rates

Forecasters had expected annual inflation to slow from 2.1 percent to 2 percent in the Bureau's Consumer Price Index. (AP Photo/LM Otero, File)

Inflation hits 40-year high in key gauge watched by Fed

Zach Halaschak · March 31, 2022 2:31 pm

Bitcoin hits highest levels in 2022 amid steady climb

Zach Halaschak · March 30, 2022 12:00 am

Finance and Economy

A key bond market indicator is flashing major recession risk

Zach Halaschak · March 28, 2022 7:37 pm

New townhouses are seen in Wood-Ridge, N.J., Monday, Feb. 26, 2018.

New home sales tumble again as mortgage rate hikes crimp affordability

Zach Halaschak · March 23, 2022 4:03 pm

Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York, Thursday, Oct. 19, 2023, in New York.

Investors now expect Fed to raise rates faster than it has in a generation

Zach Halaschak · March 22, 2022 7:06 pm

Jerome Powell testifies during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington.

Powell says Fed will do whatever it takes to beat back inflation

Zach Halaschak · March 21, 2022 5:29 pm

FILE - In this Oct. 18, 2010 file photo, an Amazon.com package is prepared for shipment by a United Parcel Service (UPS) driver in Palo Alto, Calif. States could force Internet retailers to collect sales taxes under a bill that the Senate advanced on Wednesday. (AP Photo/Paul Sakuma, File)

Existing-home sales plunge 7.2% as mortgage rates rise

Zach Halaschak · March 18, 2022 4:34 pm

President of the Federal Reserve Bank of St. Louis James Bullard speaks during an interview Tuesday, Nov. 19, 2019, in Richmond.

Lone Fed dissenter warns central bank is moving too slowly to curb inflation

Zach Halaschak · March 18, 2022 3:33 pm

Fed announces first interest rate hike in years as inflation looms large

Zach Halaschak · March 16, 2022 6:00 pm

In this Dec. 1, 2020 file photo, Federal Reserve Chairman Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington.

Fed set for modest interest rate hike despite historic inflation

Zach Halaschak · March 16, 2022 11:00 am

Reduce inflation in three big steps

Quin Hillyer · March 11, 2022 9:37 pm

Breakneck inflation No. 1 worry for small businesses: Survey

Zach Halaschak · March 3, 2022 4:56 pm