Consumers seeing relief in some food prices as inflation continues to slow
Consumers are getting some relief from higher prices as core inflation, which excludes food and energy, continues to show signs of cooling — an encouraging sign for the U.S. economy, according to economists. The Department of Labor’s report on Thursday showed the consumer price index rose 0.2% in July, in line with expectations, and 3.2% […]
Fed’s fault-finding on bank failures could lead to stronger regulations
The Federal Reserve report also criticized its own delay in recognizing and addressing problems at Silicon Valley Bank.
What 19th century miners can tell us about the Fed | Opinion
At a time when employers say workers don’t want to work, the Fed isn’t rising to the challenge either.
Biden’s Fed pick in doubt with Manchin’s opposition; Pa.’s Toomey a skeptic too
Toomey, the ranking Republican on the Senate Banking Committee, said GOP lawmakers are ready to vote on the White House's 4 other Fed picks.
Dems, allies slam Pa.’s Toomey, Republicans for blocking Biden’s Fed nominees
Democrats and their allies went on the attack Wednesday, accusing Republicans of playing games with the nation’s economic recovery after Republican members of a key U.S. Senate committee boycotted a vote on President Joe Biden’s nominees to the Federal Reserve Board. In a call with journalists, Democratic National Committee Chairperson Jaime Harrison said U.S. Sen. […]