Federal Reserve officials are expected to leave rates unchanged at their June 13-14 meeting. Fresh jobs data might make the choice harder.
Tag: Federal Reserve System
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Companies Push Prices Higher, Protecting Profits but Adding to Inflation
Corporate profits have been bolstered by higher prices even as some of the costs of doing business have fallen in recent months.
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Consumer Spending Rose More Than Expected in April
New data on spending and income suggest that the economy remains robust despite the Federal Reserve’s interest rate increases.
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Inflation Inched Higher in April, Reflecting Challenge for the Fed
The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures index, climbed 4.4 percent in April, a slight increase from March.