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The Fed held interest rates steady — but the fight against inflation is not over yet
By: Scott Horsley | NPR
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WASHINGTON (NPR) — The Federal Reserve left interest rates unchanged Wednesday, but signaled that future rate hikes are still possible if that’s what it takes to curb stubborn inflation. This was… Read More
The Federal Reserve holds interest rates steady but hints at more action this year
By: Scott Horsley | NPR
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WASHINGTON (NPR) — The Federal Reserve left interest rates unchanged Wednesday, but signaled that it’s open to additional rate hikes in the future, if necessary, to combat stubborn inflation. “In… Read More
Fed Chair Jerome Powell warns the fight against inflation is far from over
By: Scott Horsley | NPR
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WASHINGTON (NPR) — Federal Reserve Chair Jerome Powell said on Friday inflation is still too high, and he warned that restoring price stability will likely require an extended period of… Read More
The Fed raises interest rates by only a quarter-point after inflation drops
By: Scott Horsley | NPR
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Updated February 1, 2023 at 6:12 PM ET WASHINGTON (NPR) — The Federal Reserve raised interest rates by a quarter percentage point Wednesday, its eighth increase in less than a… Read More
New GDP report shows an economic turnaround, but don’t be fooled
By: Scott Horsley | NPR
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WASHINGTON, D.C. (NPR) — The government’s official scorecard shows a rebound in economic growth during the late summer and early fall. But analysts say it overstates the strength of the… Read More
Fed orders another super-sized interest rate hike as it battles stubborn inflation
By: Scott Horsley | NPR
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Updated September 21, 2022 at 2:07 PM ET WASHINGTON, D.C. (NPR) — The Federal Reserve ordered another super-sized jump in interest rates today, and signaled that additional rate hikes are… Read More
What are Ohio economic analysts keeping an eye on as inflation grows?
By: Andy Chow | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — Analysts in Ohio are keeping a watchful eye on certain decisions made on the federal level to address the problem of inflation, with the… Read More
The Fed raises interest rates by the most in over 20 years to fight inflation
By: Scott Horsley | NPR
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WASHINGTON, D.C. (NPR) — The Federal Reserve ordered the largest interest hike in more than two decades Wednesday as part of its escalating campaign to battle stubbornly high inflation. The… Read More
The U.S. added 678,000 jobs in February. It’s another sign of a hot labor market
By: Scott Horsley | NPR
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Updated March 4, 2022 at 9:08 AM ET WASHINGTON, D.C. (NPR) — Hiring accelerated sharply last month as U.S. employers added 678,000 jobs, the largest gain since last July, and… Read More
Fate Of Pandemic Funds Sparks Unusual Dispute Between Treasury And Federal Reserve
By: Jim Zarroli | NPR
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The Fed is pushing back against a request from Treasury to wind down emergency lending programs set up in the wake of the coronavirus.
Fed Prepared To Let Economy Run Hotter
By: Scott Horsley | NPR
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The Federal Reserve is adjusting its long-range policy on inflation and employment. The central bank said it’s now more concerned with prices that are too low than with runaway inflation.
Fed Cuts Key Interest Rate Again
By: Associated Press
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WASHINGTON (AP) – The Federal Reserve is cutting rates for a second time this year while saying it’s prepared to continue doing what it deems necessary to sustain the U.S…. Read More
Fed Signals Rate Hikes May Be Over For 2019
By: Scott Horsley | NPR
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The Federal Reserve left interest rates unchanged Wednesday and signaled that no more rate hikes may be necessary this year amid signs of economic slowing.