Federal Reserve

U.S. inflation slows to 6.4%, but price pressures re-emerge

It was the seventh straight year-over-year slowdown but inflation remains far above the Fed's 2% target

By Christopher Rugaber, The Associated Press |February 14, 2023

4 min read

Fed’s Powell: Strong hiring could force further rate hikes

Post-pandemic economy has "confounded all sorts of attempts to predict what it will do"

By Christopher Rugaber, The Associated Press |February 7, 2023

3 min read

Fed lifts rate by quarter-point and signals more hikes ahead

``It would be very premature to declare victory," Powell says

By Christopher Rugaber, The Associated Press |February 1, 2023

5 min read