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Tag: The Federal Reserve

Fed raises rates, but small businesses may find room to plan ahead
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Fed raises rates, but small businesses may find room to plan ahead

Jaelyn Campbell

The Federal Open Market Committee (FOMC) raised the federal funds target range to 3.75% to 4% Wednesday, marking the first rate increase

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U.S. economy added 172,000 jobs in May, surpassing economists' expectations and extending a three-month streak of solid employment gains. 
Small Business News
U.S job growth tops expectations in May
Jaelyn Campbell
According to the latest Labor Department report, the U.S. economy added 172,000 jobs in May, surpassing economists’ expectations and extending
Federal Reserve
Articles
Fed cuts interest rates cuts rates to 3.5–3.75% amid rare dissent, economic uncertainty
ASBN Newsroom
On Wednesday, the Federal Reserve reduced its benchmark interest rate by a quarter-point to a range of 3.5 to 3.75%,
The Federal Reserve cuts rates to 3.75%-4% amid persistent inflation and a slowing labor market, easing borrowing costs for businesses.
Articles
Federal Reserve cuts interest rates for second time this year
Jasmine Kiniklis
The Federal Reserve cut its benchmark interest rate by a quarter-point on Wednesday for the second time this year, bringing
The Federal Reserve on Wednesday approved a widely anticipated quarter-point cut to its benchmark overnight lending rate.
Small Business News
Federal Reserve moves to mitigate economic slowdown, rate cut approved
Jaelyn Campbell
The Federal Reserve on Wednesday approved a widely anticipated quarter-point cut to its benchmark overnight lending rate, lowering it to
U.S. retail sales increased more than expected in August, even as rising prices and a weakening job market signal growing pressure.
Customer Experience
August retail sales exceed expectations amid rising prices 
Jaelyn Campbell
U.S. retail sales increased more than expected in August, fueled primarily by back-to-school shopping, even as rising prices and a
U.S. consumer confidence fell in August as job market weakness, tariffs, and inflation fueled recession concerns.
Articles
Consumer confidence slips in August as job market, tariffs, and inflation weigh on outlook
ASBN Newsroom
U.S. consumer confidence dipped in August as concerns over the labor market, high prices, and tariffs continued to shape Americans’
On Friday, Federal Reserve Chairman Jerome Powell indicated the possibility of interest rate cuts in the coming months.
Articles
Powell hints at rate cuts as Fed balances inflation and job market 
Jaelyn Campbell
On Friday, Federal Reserve Chairman Jerome Powell indicated the possibility of interest rate cuts in the coming months, though he
The Labor Department reported that U.S. inflation remained stable in July, with consumer prices rising by 2.7% compared to last year
Articles
U.S. inflation steady in July as tariffs keep prices elevated
ASBN Newsroom
On Tuesday, the Labor Department reported that U.S. inflation remained stable in July, with consumer prices rising by 2.7% compared
The Feds held its benchmark short-term interest rate unchanged Wednesday for the fifth time this year, maintaining the rate near 4.3%.
Articles
Fed holds rates steady amid internal split, Trump pressure
ASBN Newsroom
The Federal Reserve held its benchmark short-term interest rate unchanged Wednesday for the fifth time this year, maintaining the rate
President Donald Trump renewed his attacks on Federal Reserve Chairman Jerome Powell, calling for immediate interest rate cuts.
Articles
Trump blasts Fed Chair over weak jobs report, demands rate cut
ASBN Newsroom
President Donald Trump renewed his attacks on Federal Reserve Chairman Jerome Powell on Wednesday, calling for immediate interest rate cuts
Fed Chair Jerome Powell warns that supply shocks may increase inflation volatility, leading to sustained high interest rates.
Articles
Fed’s Powell warns of supply shocks, higher long-term rates
Jasmine Kiniklis
Federal Reserve Chair Jerome Powell on Thursday warned that longer-term interest rates will likely remain higher amid economic and policy
The Federal Reserve is expected to hold interest rates steady despite pressure from Trump and uncertainty over new tariff impacts.
Articles
Fed expected to hold interest rates despite Trump’s pressure for cuts
Jasmine Kiniklis
The Federal Reserve will likely hold interest rates steady after its meeting on Tuesday and Wednesday, despite political pressure from
ASBN Small Business Network
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