Time to press the stop button? iStock/Getty ImagesThe Federal Reserve’s decision to hold rates steady signals that central bankers believe it is time to hit pause, at least temporarily, on their aggressive campaign to tame runaway inflation. The latest data, not to mention several other factors, however, suggests it’s time for a full stop. On June 14, 2023, the Fed chose not to lift rates for the first time in 11 meetings, leaving its target interest rate – a benchmark for borrowing costs across
State economic officials say Washington crested its pre-pandemic employment high in May 2022, but a Gonzaga economist says that means the state is essentially two years behind in job growth.