Tag: Inflation
60% of Americans are still living paycheck to paycheck as inflation hits workers’ wages
After a prolonged period of high inflation and higher interest rates, Americans are just getting by.As of August, 60% of adults said they...
Fed’s Neel Kashkari sees 40% chance of ‘meaningfully higher’ interest rates
Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, attends an interview with Reuters in New York City, New York,...
Dimon warns that the Fed could still raise interest rates sharply from here
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., speaks during the event Chase for Business The...
Two key Fed officials express support for keeping interest rates high
Susan Collins, president of the Federal Reserve Bank of Boston, speaks during the National Association for Business Economics' Economic Policy Conference in Washington,...
What higher-for-longer Fed policy will mean for the markets and economy
From the market's perspective, this week's Federal Reserve meeting wasn't really about its intentions for September. Or for the rest of 2023. Or...
Bank of England ends run of 14 straight interest rate hikes after cooler-than-expected inflation
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021.Hollie Adams | Bloomberg |...