Tag: Inflation
Top Fed official says Fed far from achieving its goals
WASHINGTON — A top Federal Reserve official says the outlook for the U.S. economy is bright but the recent jobs report is a reminder...
EXPLAINER: Why are fears of high inflation getting worse?
WASHINGTON — Gas prices are rising. Auto prices are soaring. Consumer goods companies are charging more for household basics like toilet paper, peanut butter...
Yellen: Biden’s phased-in spending plan won’t fuel inflation
<p>WASHINGTON — President Joe Biden’s massive proposed spending on <a href="https://apnews.com/article/joe-biden-technology-coronavirus-pandemic-pittsburgh-jen-psaki-8865ffc8f5ad3142155a5bd3c3a3e6d3">infrastructure</a>, <a href="https://apnews.com/article/biden-preschool-community-college-tax-rate-9e352e3dea44997725edb279751abab3">families and education</a> will not fuel inflation because the plans would be...
Yellen: Biden’s phased-in spending plan won’t fuel inflation
WASHINGTON — President Joe Biden’s massive proposed spending on infrastructure, families and education will not fuel inflation because the plans would be phased in...
Powell’s high-stakes bet: More jobs but only mild inflation
WASHINGTON — With employers hiring, consumers spending and companies raising some prices, Federal Reserve Chair Jerome Powell is embarking on a high-stakes gamble.
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Powell’s high-stakes bet: More jobs but only mild inflation
<p>WASHINGTON — With employers hiring, consumers spending and companies raising some prices, Federal Reserve Chair Jerome Powell is embarking on a high-stakes gamble.</p>
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Companies sound alarm over commodity price hikes
Toilet paper, baby care products, soft drinks and many other everyday products are about to get more expensive.
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Companies sound alarm over commodity price hikes
<p>Toilet paper, baby care products, soft drinks and many other everyday products are about to get more expensive.</p>
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Asian lender forecasts strong rebound for region in 2021
NOT YET — Developing Asian economies will grow at a solid 7.3% pace this year after contracting slightly in 2020 due to the pandemic,...
Text of the Federal Reserve’s statement after its meeting
WASHINGTON — Below is the statement the Fed released Wednesday after its policy meeting ended:
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