The nation's unemployment rate is at a near-half-century low and employers are posting a record-high number of open jobs. So what might cause an economy with such a healthy labor market to suffer a recession? read more >
Answers to questions about mortgage rates, auto loans, credit card rates and more. read more >
Most economists expect a rebound this quarter as solid hiring and wage gains sustain growth. read more >
There were 11.3 million available jobs last month, just below December's record of 11.4 million. read more >
New technologies will likely make electronic payments cheaper and faster, he said, but they could also destabilize existing financial institutions. read more >
Half-point rate increases are on the table. read more >
The Fed's projections show that by the end of next year, the policymakers expect their short-term rate to be above "neutral" — the level at which they think the rate neither fuels nor slows economic growth. read more >
Employers posted 11.3 million jobs at the end of January. read more >
As omicron faded, restaurant traffic has increased and travel bookings were up. read more >
Economists have increasingly suggested that the Fed has waited too long. read more >
Some economists have expressed concern that the Fed is already too late to rein in high prices. read more >
The Fed characterized its likely introduction of a digital currency as a far-reaching step that would require broad acceptance in the financial world. read more >
He said the Fed will raise rates more than it has planned if it needs to stem surging prices. read more >
They also expressed concerns that surging inflation was spreading into more areas of the economy. read more >
The central bank will withdraw its monthly bond purchases at twice the pace it previously announced and likely end them in March. read more >
The central bank will likely reduce its monthly bond purchases at twice the rate it outlined just six weeks ago. read more >
Many economists expect U.S. interest rates to rise in coming months. read more >
"Inflation has been more persistent and higher than we've expected," he told a House panel. read more >
It could put the central bank on a path to begin raising its key short-term rate as early as the first half of next year. read more >
He said the new variant could worsen supply chain disruptions. read more >
