U.S. Federal Reserve – BOL News Staging

Hot inflation boosts wagers for a large Fed rate increase

July 14, 2022 by Maryam nadeem

The U.S. Fed is seen ramping up its battle with 40-year high inflation. The Atlanta Fed President said he still needs to study the “nuts and bolts” of the report. The strength of the central bank’s moves needed to quash it. A Fed survey of firms published later on Wednesday showed increased pessimism on the … Read more

U.S. Fed’s inflation measure hits 39-year high in November

December 24, 2021 by Roman Ahmed

WASHINGTON — A key inflation measure closely watched by the U.S. Federal Reserve rose at the fastest pace in 39 years in November, increasing pressure on the central bank to tighten monetary policy. The personal consumption expenditure (PCE) price index, the Fed’s preferred inflation measure, jumped 5.7 percent in November from a year ago, the … Read more

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