INFLATION

Federal Reserve Governor Michelle Bowman gives her first public remarks as a Fed policymaker at an American Bankers Association conference in San Diego

More Fed Policymakers Point To Higher Rates In Inflation Fight

Two Federal Reserve officials on Friday added to a chorus of U.S. central bankers this week in signaling that interest rates will need to go higher in order to successfully quash inflation, although one guarded against inferring too much from recent unexpectedly-strong economic data.
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An entrance to the NYSE on Wall Street in New York

Wall Street Rallies, As Inflation Cools Off

U.S. stocks and bonds staged a strong rally on Tuesday morning following the release of new consumer inflation numbers by the Bureau of Labor Statistics showing that price hikes across the economy are easing.

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