WEATHER ALERT
Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
Read full article: Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemploymentThe Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen.
US inflation rose slightly last month after 2 years of steady cooling but remained low
Read full article: US inflation rose slightly last month after 2 years of steady cooling but remained lowInflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021.