Federal Reserve officials have been surprised at the pace of inflation and indicated at their last meeting that they expect higher interest rates to remain in...
Chicago Federal Reserve President Charles Evans said the central bank is holding fast in its commitment to bring down inflation even if it means people losing...
Cathie Wood, Founder, CEO, and CIO of ARK Invest, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, May 2, 2022. David Swanson...
A worker takes a panini sandwich off a grill at a restaurant in the Union Market district in Washington, D.C., on Tuesday, Aug. 30, 2022. Al...
The Go! Go! Curry restaurant has a sign in the window reading “We Are Hiring” in Cambridge, Massachusetts, July 8, 2022. Brian Snyder | Reuters September’s...
Federal Reserve Vice Chair Lael Brainard on Friday stressed the need to tackle inflation and the importance of not shrinking from the task until it is...
If the outlook for fourth-quarter economic growth isn’t quite like staring into the abyss, it’s at least starting to get pretty dark and pretty deep. With...
Inflation in August was stronger than expected despite the Federal Reserve’s efforts to bring down prices, according to data Friday that the central bank follows closely....
US Federal Reserve Board Chairman Jerome Powell pauses during a news conference in Washington, DC, on September 21, 2022. Saul Loeb | AFP | Getty Images...
A woman shops for oat milk at a supermarket in Santa Monica, California, on September 13, 2022. Apu Gomes | AFP | Getty Images At CNBC’s...