Marc Ostwald

Inflation Rose to 8.3% in April, Easing Slightly but Higher Than Expected
Inflation Rose to 8.3% in April, Easing Slightly but Higher Than Expected
The consumer price index (CPI) rose to 8.3% in April, remaining near 40-year highs, but down slightly from 8.5% in March. Core inflation rose 0.6% from March, double the rate...
Inflation Rose to 8.3% in April, Easing Slightly but Higher Than Expected

Fed Raises Interest Rates for First Time Since 2018
Fed Raises Interest Rates for First Time Since 2018
The Federal Reserve announced the first interest rate hike for since 2018 on Wednesday. Fed officials lifted the federal funds rate by a quarter point, and signaled the likeli...
Fed Raises Interest Rates for First Time Since 2018