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Economists had expected claims to inch up to around 265,000 after falling to some of the lowest levels in forty years earlier in the month. (Patrick T. Fallon/Bloomberg)
Economy

Jobless claims fall even lower in mid-July, to 253,000

Joseph Lawler -
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On Friday, the Labor Department reports on U.S. consumer prices for June. (AP Photo/Elise Amendola)
Economy

Rising rents, medical costs push core inflation to highest levels of the recovery in June

Joseph Lawler -
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The group seeks to avoid congressional interference with the Fed's conduct of monetary policy, a stance that puts it in conflict with some of the ideas advanced by Democrats as well as Republicans. (Andrew Harrer/Bloomberg, File)
Economy

Chamber wants overhaul of Fed’s ‘black box’

Joseph Lawler -
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Fed agreed unanimously on waiting to see the economic fallout from the United Kingdom referendum. (AP Photo/Manuel Balce Ceneta)
Economy

Fed was split on rate hikes even before Brexit

Joseph Lawler -
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Federal Reserve Gov. Daniel Tarullo said that with inflation running low, the Federal Reserve has an opportunity to create many more jobs, including for African-Americans and other groups with chronically high unemployment. (AP Photo/Andrew Harnik)
Economy

Fed has opportunity to create jobs without inflation, official says

Joseph Lawler -
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The nontraditional tools Loretta Mester was referencing include the Fed pushing its interest rate target all the way to zero and then engaging in large-scale bond purchases, or quantitative easing. (AP Photo)
Economy

Fed official warns of risks of waiting too long to raise rates

Joseph Lawler -
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Fischer noted that the economic data for the U.S. has been
Economy

Fed vice chair downplays Brexit impact on U.S.

Joseph Lawler -
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Investors: Fed rate cut now more likely than a hike
Economy

Investors: Fed rate cut now more likely than a hike

Joseph Lawler -
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Federal Reserve Chair Janet Yellen was supposed to take part in a panel Wednesday with Bank of England Governor Mark Carney at a forum hosted by the European Central Bank. (AP Photo/Manuel Balce Ceneta)
Economy

Yellen cancels Portugal trip amid Brexit fallout

Joseph Lawler -
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Economy

GOP banking chair: Fed just ‘one more Obama bureaucracy’

Joseph Lawler -
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