News

Inflation, unemployment in Massachusetts ahead of national levels. So who's to blame?
But Massachusetts is already feeling the pinch and the argument over who's to blame is in full swing. "We have a lot of great ...
US inflation slows unexpectedly to 2.3% in April
The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor ...
Fed Holds Rates Steady, Warns of Higher Unemployment and Inflation
The Fed operates with a dual mandate of keeping the labor market healthy while maintaining stable prices. At the moment, the ...
Fed leaves rates unchanged, cites rising risk of higher inflation and unemployment
The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen ...
Tariffs may have pushed up inflation a bit in April, government report to show
Tuesday’s report could provide an early read on how Trump’s duties will affect the prices Americans pay for necessities.
Fed’s Powell Says Risks of Higher Unemployment, Inflation Have Risen
Fed Chair Jerome Powell kicked off his post-meeting press conference by saying the central bank remains “squarely focused” on ...
Fed might have to pick between solving unemployment or inflation, Powell says
“We may never face it, but we have to keep it in our thinking now,” Powell said.
Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower ...
Higher prices or higher unemployment? The economy could face a no-win dilemma
Trump again slammed Federal Reserve Chair Jerome Powell after the central bank held interest rates steady as it tries to ...
Employers added a surprising 177,000 jobs as job market shows resilience. Unemployment stays at 4.2%
American employers added a better-than-expected 177,000 jobs in April as the job market showed resilience in the face of ...
Inflation cooled again even as some tariffs took effect. But economists don't expect that to last
Inflation may have picked up slightly last month as President Donald Trump’s widespread tariffs kicked in, a trend economists ...
Fed still likely to play 'wait and see' on rates amid tariff inflation uncertainty
Investors are betting that the Federal Reserve is likely to keep interest rates on hold in the near term following another inflation reading that didn’t make things any easier for the central bank.