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Fed holds interest rates steady

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Dec 13, 2023
Jerome Powell stands at a podium during a press conference

Episodes 291 - 300 of 432

  • Wholesale prices hold steady, suggesting further inflation cooling
    Chip Somodevilla/Getty Images

    PPI showed lower energy costs balanced out higher food costs; Tesla updating software in nearly all cars sold in U.S. over safety concerns; cargo ship carrying jet fuel faces missile attack; for the first time, U.N. climate summit agreement calls for reduction of fossil fuel use.

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  • Inflation cools again in November
    Spencer Platt/Getty Images

    Stocks rise; lower gas prices weigh on Consumer Price Index; small business optimism declines; capital spending picks up.

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  • Stubborn inflation refuses to change very much
    Olivier Douliery/AFP via Getty Images

    The consumer price index in November was 3.1%, modestly lower; Ukraine’s Zelenskyy in Washington for more war aid; U.N. climate summit goes into overtime amid rift over fossil fuels; Hasbro cuts jobs amid toy slump.

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  • Inflation expectations slowed in November
    Michael M. Santiago/Getty Images

    Stocks rise; inflation expectations at lowest level since April 2021; investor group offers to buy out Macy’s; Fed holding final meeting of the year.

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  • It’s decision week for the Federal Reserve
    Kevin Dietsch/Getty Images

    Fed officials are widely expected to end the year by keeping interest rates at current levels; Occidental Petroleum is buying fracker CrownRock; holiday travel to increase this year, AAA says; New Hampshire military chip factory first to get federal funding to increase capacity.

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  • Jobs market slows in November
    Michael M. Santiago/Getty Images

    Stocks rise; health care and government employment rise the most; unemployment rate falls; consumer sentiment jumps.

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  • Unemployment rate falls to 3.7%
    Joe Raedle/Getty Images

    Employers added 200,000 jobs in November; consumer sentiment soars 13% higher; Taylor Swift’s Eras tour has grossed $1 billion in ticket sales, Pollstar says; Biden administration grants $8 billion for passenger rail projects. 

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  • Mortgage rates fall this week
    Stefan Zaklin/Getty Images

    Stocks close higher; lower rates haven’t had a big impact on housing demand; unemployment claims rise; consumer credit growth slows down.

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  • Biden administration proposes seizing some drug patents
    Philippe Huguen/AFP via Getty Images

    New rules would allow seizure of some drug patents if prices are too high; initial unemployment claims remained steady last week; UAW claims progress in unionization effort at VW plant; National Retail Federation retracts organized shoplifting claim.

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