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The Federal Reserve’s preferred inflation gauge remained elevated in August, data released on Friday showed, further evidence that the central bank is contending with a stubborn problem because it tries to choke off the worst inflation...
For Amber Mitchell Ikpe, learning computer software skills was only a part of the experience at 12 months Up, a nonprofit job training program.The coursework, followed by a six-month internship at an organization, included classes on...

Fed’s James Bullard expresses confidence that the economy can achieve a ‘soft landing’

James BullardOlivia Michael | CNBCSt. Louis Federal Reserve President James Bullard said Tuesday that he still thinks the economy can avoid a recession, despite...

Mortgage rates fall sharply after negative GDP report and Fed’s latest hike

An indication is posted in front of a house on the market on July 14, 2022 in San Francisco, California. The variety of homes...

Listed below are three things the Fed’s done incorrect, and what’s still not right

The outside of the Marriner S. Eccles Federal Reserve Board Constructing is seen in Washington, D.C., June 14, 2022.Sarah Silbiger | ReutersAfter years of...

Fed’s Mester says half-point rate hikes are needed to fight inflation

Cleveland Federal Reserve President Loretta Mester said Friday that she doesn't see ample evidence that inflation has peaked and thus is on board with...

Fed’s Waller guarantees to tackle inflation, says mistakes of the ’70s won’t be repeated

Christopher Waller, U.S. President Donald Trump's nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C.,...

What the Fed’s Interest Rate Increase Means For You

Consumers are already feeling squeezed by higher prices on day by day necessities, whether it’s on the gas pump or within the supermarket. And...

Fed’s Preferred Inflation Gauge Climbs 6.6% From a Yr Earlier

Demand has remained strong and provide chain disruptions have continued into 2022, making the central bank’s task ahead all of the tougher. The Fed...

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