Published: Aug 19, 2021
Federal Reserve officials are sharpening their discussions for when to start scaling back support for the markets, reflecting optimism that the labor market and broader economic recovery will continue gaining steam.
Published: Aug 12, 2021
WASHINGTON - Prices rose 5.4% in July compared with a year ago, as policymakers at the Federal Reserve and the Biden administration grapple with how long - and how high - inflation could climb as the economy rebounds.
Published: Jul 16, 2021
Federal Reserve Bank of St. Louis President James Bullard said the central bank has met its goal of achieving "substantial further progress" on both inflation and employment, urging policymakers to move forward in reducing stimulus.
Published: Jul 14, 2021
WASHINGTON - Prices rose 5.4% in June compared to a year ago, marking the largest spike since 2008 as the pandemic-battered economy regains its footing and questions build over how long this steady climb in inflation will last.