The Consumer Price Index cooled to a 6 percent annual pace in February, but a closely watched monthly index climbed more quickly than economists expected.
Tag: Powell, Jerome H
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SVB Collapse Upsets Expectations for Federal Reserve’s Rate Decision
The Federal Reserve has been rapidly raising interest rates to fight inflation. But making big moves could be tricker amid instability.
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Silicon Valley Bank Feels the Toll of the Fed’s Inflation Fight
Interest rates have risen so quickly that some banks can’t keep up.
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Jobs Report Gives Fed a Mixed Signal Ahead of March Decision
The Federal Reserve is anxiously parsing incoming data as it decides between a small or a large rate move this month.
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A Bank Run Jolts Markets as Investors Await the Jobs Report
Concerns about a California bank come at a time when investors have been flipping between worrying about the economy and seeing an end to the recent market turmoil.