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Federal Reserve raises rates, keeps up inflation fight

Inflation cooled off in May and June but the Federal Reserve continued its most aggressive fight against inflation in 40 years and raised rates again.

United statesBill adamsTed rossmanJerome powellJessica caldwellTaylor swiftOmair sharifComerica bankFederal reserveFederal reserve bankAuto club groupSusan tompordetroit freeFed chair jerome powellBeige bookGreat recessionInflation insights

Federal Reserve raises rates, keeps up inflation fight

Inflation cooled off in May and June but the Federal Reserve continued its most aggressive fight against inflation in 40 years and raised rates again.

United statesJessica caldwellOmair sharifTed rossmanBill adamsFederal reserveSusan tompordetroit freeComerica bankAuto club groupGreat recessionInflation insightsPatrick de haan

Interest rates expected to be raised in July after Fed pause in June

Inflation cooled considerably from last June through June this year. But the Fed might raise rates in July to keep driving inflation down further.

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IRS agents will stop showing up at the door to collect unpaid taxes

IRS takes a \

United statesDanny werfelTony reardonSusan tompordetroit freeNational treasury employees unionInflation reduction actPresident tony

Retirement came early for a firefighter His pension isn t enough

Martin Rucker became a Detroit firefighter in hopes of getting a full pension. But the city s bankruptcy left him with financial challenges.

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