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- AP Washington correspondent Sagar Meghani report on Federal Reserve-Powell.
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Economy's solid growth could require more Fed hikes to fight inflation, Powell says at Jackson Hole
By CHRISTOPHER RUGABER - AP Economics Writer
Thu,08/24/23-9:12PM , 404 Reads
JACKSON HOLE, Wyoming (AP) — The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday in a closely watched speech that also highlighted the uncertain nature of the economic outlook.
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- Pica's Mexican Taqueria co-owner Andy Parazette poses for a portrait inside of his business in Jackson, WY. on Aug. 23, 2023. At the height of the post-pandemic economic recovery, Parazette's shop saw such a crush of business that customers sometimes had to wait an hour for a burrito. This year, business is still good but has cooled, Parazette said, though other restaurants more dependent on tourism have experienced steeper drops. (AP Photo/Amber Baesler)
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Hopeful signs of an economic 'soft landing' emerge in Jackson Hole as Fed meets with world watching
By CHRISTOPHER RUGABER - AP Economics Writer
Wed,08/23/23-10:44PM , 696 Reads
JACKSON HOLE, Wyoming (AP) — At the height of the post-pandemic economic recovery, Andy Parazette's taco shop enjoyed such a crush of business that customers sometimes had to wait an hour for a burrito.
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- Federal Reserve Chair Jerome Powell, center, talks with attendees of the central bank's annual symposium at Jackson Lake Lodge in Grand Teton National Park, Aug. 26, 2022. in Moran, Wyo. As Powell returns to Jackson Hole this week, the U.S. economy's resilience has raised the prospect that the Fed will need to keep its key rate higher for longer than had been expected. (AP Photo/Amber Baesler, File)
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Surprisingly durable US economy poses key question: Are we facing higher-for-longer interest rates?
By CHRISTOPHER RUGABER - AP Economics Writer
Tue,08/22/23-4:57PM , 478 Reads
WASHINGTON (AP) — A year ago, Chair Jerome Powell delivered a stark warning: To fight persistently high inflation, the Federal Reserve would continue to sharply raise interest rates, bringing “some pain” in the form of job losses an
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Lowe's, Fabrinet rise; Macy's, Canadian Solar fall, Tuesday, 8/22/2023
By THE ASSOCIATED PRESS
Tue,08/22/23-11:14AM , 134 Reads
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday:

Lowe's Companies Inc., up $8.15 to $225.74.
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