The Federal Reserve has raised its interest rate by a quarter percentage point, a move against high inflation and contrary to President Trump's wishes.
The Federal Reserve raised interest rates for the first time in three years amid persistent inflation concerns, defying calls from President Trump for lower rates.
The US Federal Reserve has raised the key interest rate by 0.25 percentage points in response to persistently high inflation, facing pushback from President Trump.
The August jobs report reveals that the U.S. economy added 162,000 jobs, considerably surpassing forecasts, as economists remain attentive to inflation concerns.
The price of the basic food basket, consisting of 63 essential items, has reached 254.73 euros, with significant increases in various product categories.
The president of the U.S. Federal Reserve, Kevin Warsh, stated that high inflation is concerning and action will be needed if progress toward the established goal does not occur.
In a highly anticipated speech at the Jackson Hole symposium, Kevin Warsh described U.S. inflation as "concerning" while highlighting the economy's performance.
We would like to count which pages are read — with our own statistics on our own server in Frankfurt am Main. No cookies are set for that and nothing is stored on your device. We ask nevertheless before we count. Without your consent the site remains fully usable — nothing is missing.
