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Food items now cost 17.8 percent more than they did in January 2022, federal data shows.
In a story published Sep. 15, 2025, about the Federal Reserve’s upcoming policy meeting, The Associated Press erroneously ...
In a sign of how unusual this week's Federal Reserve meeting is, the decision it will make on interest rates -- usually the ...
Cleveland Fed President Beth Hammack stated that politics do not influence her monetary policy views. Hammack believes the Federal Reserve's independence is essential for maintaining low inflation.
The Federal Reserve, tasked with making sense of the US economy to set interest rates, has its work cut out for it. In two weeks’ time, the Fed is widely expected to lower borrowing costs for the ...
They aren't exactly besties. President Donald Trump and Fed Chair Jerome Powell have had an icy relationship practically since Trump appointed Mr. Powell during Trump 1.0. More recently, the president ...
Throughout the year, Federal Reserve Chair Jerome Powell and his colleagues have held rates steady, pointing to a solid labor market and uncertainty over the inflation outlook given large tariff hikes ...
Powell’s Jackson Hole speech shifted tone, boosting crypto confidence and raising September rate cut expectations. Bitcoin wavered with heavy ETF outflows, while Ethereum surged nearly 9%, attracting ...
WASHINGTON (AP) — Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave ...
Federal Reserve Chairman Jerome Powell walks outside of Jackson Lake Lodge during a break at the Jackson Hole Economic Policy Symposium in Moran, Wyo., on Friday. (AP Photo/Amber Baesler) WASHINGTON ...