Sooner or later, someone has to blink
As inflation eases, optimism rises
``We are not, and will not be, a 'climate policymaker,''' the Fed chair said at a conference
A jump in layoffs and unemployment claims would be an early sign of recession
American consumers “still have firepower,” while Fed remains under pressure to hike rates
Prices up 6.6% excluding food, energy; 8.2% overall
Central bank official confident U.S. inflation will fall to 2%
The potential increase depends on robust consumer demand
Excluding food and energy, annual consumer prices in the U.S. rose 5.9% on an annual basis in June
U.S. employers added a solid 372,000 jobs in June