Federal Reserve

Fed’s preferred inflation gauge shows modest rise in latest sign of slowing price increases

Economists, traders increasingly believe Federal Reserve won't hike in September

By Christopher Rugaber, The Associated Press |August 31, 2023

4 min read

Powell at Jackson Hole: Economy’s solid growth could dictate additional rate hikes

Reiterates the central bank's determination to keep its benchmark rate elevated until inflation falls to 2% target

By Christopher Rugaber, The Associated Press |August 25, 2023

5 min read

Fed minutes: Too-high inflation, still a threat, could require more rate hikes

Policymakers said they "need to see more data" to be sure inflation pressures are abating

By Christopher Rugaber, The Associated Press |August 16, 2023

4 min read

U.S. inflation rises to 3.2%, but core measures remain mild

Thursday's report is the first of two CPI numbers Fed policymakers will see before their next meeting

By Paul Wiseman, The Associated Press |August 10, 2023

4 min read