U.S. Federal Reserve

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Federal Reserve Board Chair Jerome Powell speaks during a news conference about the Federal Reserve's monetary policy at the Federal Reserve, Dec. 13, 2023, in Washington. The Federal Reserve will meet on Jan. 31. (AP Photo/Alex Brandon, File)

Inflation has slowed. Now the Federal Reserve faces expectations for rate cuts

By Christopher Rugaber - Associated Press

A customer checks prices while shopping at a grocery store in Wheeling, Ill., Friday, Jan. 19, 2024. A typical basket of groceries now costs 20% more than in February 2021, just before inflation began to take off. (AP Photo/Nam Y. Huh)

Americans’ economic outlook brightens as inflation slows and wages outpace prices

By Christopher Rugaber - Associated Press

Fed, inflation and interest rates illustration by Linas Garsys / The Washington Times

Federal Reserve should wait to lower interest rates

By Peter Morici

A television screen shows the rate decision of the Federal Reserve as traders work on the floor of the New York Stock Exchange, Nov. 1, 2023. Inflation has kept slowing, and the economy has withstood the strain of the accumulated higher borrowing costs. On Thursday, Jan. 11, 2024, the Labor Department is expected to report that underlying inflationary pressures eased further in December 2023. (AP Photo/Richard Drew, File)

U.S. inflation edges up, fueled by food and housing prices, but many other costs rise only mildly

By Paul Wiseman - Associated Press

A woman holding several shopping bags enters a subway station on Black Friday, Nov. 24, 2023, in New York. On Tuesday, the Labor Department issues its report on inflation at the consumer level in November. (AP Photo/Peter K. Afriyie, File)

U.S. consumer inflation eased slightly in November as gas prices fell, though some costs kept rising

By Christopher Rugaber - Associated Press

Federal Reserve Chairman Jerome Powell is introduced at the Jacques Polak Research Conference at the International Monetary Fund, Thursday, Nov. 9, 2023, in Washington. The Fed is set to leave interest rates unchanged while facing speculation about eventual rate cuts. (AP Photo/Mark Schiefelbein, File)

Fed is set to leave interest rates unchanged while facing speculation about eventual rate cuts

By Christopher Rugaber - Associated Press

File - Mechanic David Stoliaruk works on the engine of a car at IC Auto in Philadelphia, May 2, 2023. On Friday, the U.S. government issues its November jobs report. (AP Photo/Matt Rourke, File)

U.S. employers added a solid 199,000 jobs in November in sign of a still-sturdy labor market

By Christopher Rugaber - Associated Press

Federal Reserve economic damage illustration by Linas Garsys / The Washington Times

Federal Reserve’s economic damage is far from over

By S.T. Karnick

Workers pour concrete to create part of a bus stop in the Manhattan borough of New York City on Thursday, October 12, 2023. On Friday, the U.S. government issues the October jobs report. (AP Photo/Ted Shaffrey)

U.S. employers pulled back on hiring in October, adding 150K jobs in face of higher borrowing rates

By Paul Wiseman - Associated Press

Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York, Oct. 19, 2023, in New York. The Federal Reserve is expected to leave interest rates alone when its latest meeting ends Wednesday. But economists will be listening closely to what Powell says about the possible future path for rates. (AP Photo/Seth Wenig, file)

Powell likely to underscore inflation concerns even as Fed leaves key rate unchanged

By Christopher Rugaber - Associated Press

Federal Reserve Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, Wednesday, Nov. 1, 2023. The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead.(AP Photo/Susan Walsh)

Federal Reserve leaves key rate unchanged for 2nd straight time, leaves door open to future hike

By Christopher Rugaber - Associated Press

Shoppers look over blankets on sale in a Costco warehouse on Aug. 24, 2023, in Sheridan, Colo. On Thursday, the Commerce Department issued its first of three estimates of how the U.S. economy performed in the third quarter of 2023. (AP Photo/David Zalubowski, File)

U.S. economy accelerated to a strong 4.9% rate last quarter as consumers shrugged off Fed rate hikes

By Christopher Rugaber - Associated Press

The Fed's quest for a soft landing and taming inflation Illustration by Greg Groesch/The Washington Times

The Fed’s quest for a soft landing

By Peter Morici

A FedEx driver makes deliveries in Palatine, Ill., Wednesday, Sept. 13, 2023. On Friday, the U.S. government issued its latest monthly jobs report. (AP Photo/Nam Y. Huh) ** FILE **

U.S. employers added surprisingly strong 336,000 jobs in September in sign of economic resilience

By Christopher Rugaber - Associated Press

Federal Reserve Chairman Jerome Powell speaks during a town hall meeting with teachers at the Federal Reserve Board Building, Thursday, Sept. 28, 2023, in Washington. (AP Photo/Mark Schiefelbein)

As Fed hesitates, Americans heading for more inflation

By Peter Morici

The seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington, Feb. 5, 2018. Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than before, while growth remains solid and the job market cools. (AP Photo/Andrew Harnik) **FILE**

Time to end the Fed and its mismanagement of our economy

By E.J. Antoni and Peter St. Onge

The seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington, Feb. 5, 2018. Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than before, while growth remains solid and the job market cools. (AP Photo/Andrew Harnik) **FILE**

Fed keeps rates unchanged but signals likelihood of another hike this year to fight inflation

By Christopher Rugaber - Associated Press

Consumer Financial Protection Bureau director Rohit Chopra, left, accompanied by President Joe Biden, right, speaks at a meeting with his Competition Council on the economy and prices in the East Room of the White House in Washington, Wednesday, Feb. 1, 2023. (AP Photo/Andrew Harnik) **FILE**

Fate of Elizabeth Warren’s politically immune bureau rests with Supreme Court

By Stephen Dinan and Alex Swoyer - The Washington Times

A construction worker wires rebar for a foundation, on Friday, March 17, 2023, in Boston. On Friday, the U.S. government issues the August jobs report. (AP Photo/Michael Dwyer, File)

U.S. employers added a solid 187,000 jobs in August in sign of a still-resilient labor market

By Paul Wiseman - Associated Press

A worker prepares materials and construction parts at the Boeing Interiors Responsibility Center in North Charleston, S.C., on May 31, 2023. (Gavin McIntyre/The Post And Courier via AP, Pool, File)

U.S. economic growth for last quarter is revised down to a 2.1% annual rate

By Paul Wiseman - Associated Press