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Central Bank

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  • Consumer price growth slows as energy costs decline

    Consumer price growth slows as energy costs decline
    Consumer prices grew last month at their slowest pace since February, as lower energy costs offset higher price tags for food and shelter, the Labor Department said Tuesday.
  • Behind the jargon at the IMF

    Given the chance to be a fly on the wall at any institution, few would choose the International Monetary Fund. As part of a series from the Writers in Residence nonprofit organization, novelist Geoff Dyer spent a fortnight on a U.S. aircraft carrier,...

    U.S. economy grows at 4% annual rate in second quarter

    U.S. economy grows at 4% annual rate in second quarter
    The economy's strong second-quarter growth showed the recovery has regained momentum after a brutal winter and could signal a quicker end to the era of rock-bottom interest rates. The nation's total economic output, or gross domestic product,...

    Fed stays course on policy but acknowledges rising inflation

    Despite the economic rebound and sharp drop in the unemployment rate recently, Federal Reserve officials still see considerable weakness in the labor market and remain very cautious about moving away from their easy-money policy. The Fed, in a statement...

    Pay raises for recent college grads far below average

    Salaries for recent college graduates have risen at less than half the pace for all U.S. workers since the recession, an analysis by the Federal Reserve Bank of San Francisco found. The study, released Monday, found that median earnings for recent...