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Fed officials reluctant to call inflation peak as policy meeting looms

Fed officials reluctant to call inflation peak as policy meeting looms

© Reuters. The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger By Howard Schneider and Lindsay (NYSE:LNN) Dunsmuir WASHINGTON (Reuters) – Federal Reserve officials on Wednesday said they still aren’t convinced the worst of the U.S. inflation scare has passed, in comments…

U.S. firms see tentative progress on inflation and labor supply, Fed says

U.S. firms see tentative progress on inflation and labor supply, Fed says

© Reuters. A “now hiring” sign is displayed outside Taylor Party and Equipment Rentals in Somerville, Massachusetts, U.S., September 1, 2022. REUTERS/Brian Snyder (Reuters) -U.S. firms reported economic activity was unchanged in July through late August, with further softening expected over the next year even as they saw some tentative greenshoots in the ongoing battle…