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Sticky inflation in a key part of the economy is the biggest barrier to Fed rate cuts

The Federal Reserve is winning the battle against high inflation, but the fight is not over yet, a parade of senior bank officials told Wall Street this week.

United statesJerome powellVeronica clarkAndrew hollenhorstTom barkinFederal reserveWall streetWorld warRichmond federalNationwide economicsArticle normalN aEconomic performance indicatorsInflation figures price indicesMonetary policyInterest rates

CPI data shows inflation edges higher in July

The CPI report shows annual inflation rose slightly in July, interrupting a year-long streak of waning price hikes. Core price hikes stayed elevated.

United statesPaul davidsonMary johnsonPaul ashworthBureau of economic analysisLabor departmentSeniors citizens leagueConsumer expendituresUs bureau of labor statisticsSenior citizens leagueSecurity administrationFederal reserveDiane swonkDow jones industrial averageSocial securitySenior citizens

June CPI report live updates: Inflation slows for 12th straight month

The CPI report showed inflation fell to 3% as grocery price increases eased. Taking out gas and food, price gains eased more than expected but stayed elevated,

United statesDavid ramachandranJohn otrakounMedora leePaul davidsonLabor departmentConsumer expendituresBureau of economic analysisUs bureau of labor statisticsMacro researchFederal reserveShow fedHigh frequencyLabor statisticsConsumer price indexConsumer expenditures survey

Dr Lew Stringer, disaster response pioneer, passes away

Dr. Lew Stringer founded the Special Operations Response Team in Forsyth County which would serve as a model for other such units across the state and nation. He died Wednesday in Virginia, where he moved following his retirement.

United statesRepublic ofUniversity of richmondLew stringerDepartment of homeland securityEmergency medical services departmentWake forest universityOperations response teamUs navy at portsmouth naval hospitalBowman gray school of medicineNational disaster medical systemCollege of virginiaSpecial operations response teamForsyth countyLlewellyn winn stringerSouthern conference

U S gains 678,000 jobs in February and unemployment drops to 3 8%

U S gains 678,000 jobs in February and unemployment drops to 3 8%
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