Federal Reserve
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IN-DEPTHone month ago
Record US inflation
Inflation has been on the rise in the United States, hitting a four decade high of more than nine percent, leaving many Americans with no choice but to dig deeper into their finances just to pay for gasoline, food, healthcare and rent.
Record US inflation
Economy3 months ago
Forbes warns of 'disaster', says Biden policy to ‘make people poor’
Forbes Media CEO Steve Forbes has warned that President Joe Biden’s policy to raise the interest rates in order to solve the inflation problem will “make people poor”.
Forbes warns of 'disaster', says Biden policy to ‘make people poor’
Economy5 months ago
US mortgage interest rates reach a 12 year high, demand falters
The average interest rate on the most popular US home loan has climbed to a 12-year high with fewer homebuyers seeking properties in a sign that the Federal Reserve's aim of cooling the housing market may be beginning to bite.
US mortgage interest rates reach a 12 year high, demand falters
Economy5 months ago
Wall St falls on fears of hawkish Fed, fresh Russia sanctions
US stock markets fall following a new Fed announcement and news about more Russia sanctions.
Wall St falls on fears of hawkish Fed, fresh Russia sanctions
Politics7 months ago
GOP boycotts Biden Fed nominees' vote as bank fights inflation
Republican senators have blocked votes on President Joe Biden’s five Federal Reserve nominees, leaving the future of the central bank in question amid surging inflation.
GOP boycotts Biden Fed nominees' vote as bank fights inflation
Economy8 months ago
US inflation hits highest level in four decades
A report released by the US Commerce Department shows inflation rate in the United States rose 5.8 percent in 2021.
US inflation hits highest level in four decades
Economy8 months ago
US Fed chair vows to stop inflation, warns of 'entrenched' economy
Fed 'willing to adapt pretty nimbly' amid risk of persistent inflation, says US Federal Reserve Chair Jerome Powell.
US Fed chair vows to stop inflation, warns of 'entrenched' economy
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