Federal Reserve

Hike? Pause? Fed officials are split about next move Hike? Pause? Fed officials are split about next move

Economic Indicators

Hike? Pause? Fed officials are split about next move

Stubbornness of high inflation divides Federal Reserve on managing interest rates

By Christopher Rugaber, The Associated Press |May 18, 2023

5 min read

New BoC deputy governor, U.S. Fed nominees announced Fallback Image Decorative pattern

Industry

New BoC deputy governor, U.S. Fed nominees announced

Rhys Mendes will become Bank of Canada deputy governor in July while Biden has made two Federal Reserve nominations

By Nojoud Al Mallees, The Canadian Press  and  Christopher Rugaber, The Associated Press |May 12, 2023

5 min read

U.S. prices stay high, showing inflation pressures persist U.S. prices stay high, showing inflation pressures persist

Economic Indicators

U.S. prices stay high, showing inflation pressures persist

Consumer prices rose by 0.4% from March to April, up by 4.9% from April 2022.

By Christopher Rugaber, The Associated Press |May 10, 2023

3 min read

Banks report tougher credit standards in wake of failures Fallback Image Decorative pattern

Industry

Banks report tougher credit standards in wake of failures

Tighter credit standards are expected to be followed by a reduction in lending

By Christopher Rugaber, The Associated Press |May 8, 2023

2 min read