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War in Iran sends inflation soaring and the mood of American consumers plunging
By: Christopher Rugaber | AP
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WASHINGTON (AP) — The largest monthly jump in gas prices in six decades caused a sharp spike in inflation last month, creating major challenges for the inflation-fighters at the Federal… Read More
Federal Reserve may keep rates unchanged for months as economy shows signs of health
By: Christopher Rugaber | AP
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WASHINGTON (AP) — Federal Reserve officials are expected to keep their short-term interest rate unchanged Wednesday after three cuts last year, ignoring huge pressure for lower borrowing costs from the White House in… Read More
The Federal Reserve’s preferred inflation gauge stayed elevated in September as spending weakened
By: Christopher Rugaber | AP
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WASHINGTON (AP) — The Federal Reserve’s preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate cut by the central bank next… Read More