Lower Gasoline Prices News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Us Consumer Prices: Financial markets and most economists believe that the U.S. central bank s monetary policy tightening campaign is over, a narrative that Fed Chair Jerome Powell and other policymakers have pushed back against. Powell said last week that "if it becomes appropriate to tighten policy further, we will not hesitate to do so." Since March 2022, the Fed has hiked its policy rate by 525 basis points to the current 5.25%-5.50% band.

United statesJerome powellFederal reserveLabor department bureau of statisticsLabor departmentLabor statisticsFed chair jerome powellUs consumer pricesNchanged in octoberLower gasoline pricesFederal reserveInterest rates