Federal Reserve

Fed lifts rate by quarter-point and signals more hikes ahead

``It would be very premature to declare victory," Powell says

By Christopher Rugaber, The Associated Press |February 1, 2023

5 min read

Fed set to impose smaller hike, may hint of fewer increases

A downshift in rate increases is fueling enthusiasm on Wall Street that hikes will soon stop

By Christopher Rugaber, The Associated Press |January 30, 2023

4 min read

U.S. inflation and consumer spending cooled in December

Prices up 5% year over year, consumer spending down 0.2% from November

By Christopher Rugaber, The Associated Press |January 27, 2023

3 min read