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ReutersReuters
US retail sales rebound more than expected in August; import prices surge

US retail sales rebound more than expected in August; import prices surge

By Lucia Mutikani WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded sharply in August as households boosted purchases of a range of goods while also spending more at restaurants and bars, reinforcing the economy's resilience even as consumers grow more anxious about high inflation.
AP NewsAP News
Why the Federal Reserve is lifting rates now, and what it means

Why the Federal Reserve is lifting rates now, and what it means

About six weeks ago, Federal Reserve Chairman Kevin Warsh announced that a divided central bank was keeping its key interest rate unchanged
Detroit Free PressDetroit Free Press
What the Fed's first rate hike in three years means for consumers

What the Fed's first rate hike in three years means for consumers

On Wednesday, Sept. 16, the Federal Reserve raised short term interest rates by a quarter of a percentage point. The vote was unanimous.
ReutersReuters
US retail sales rebound sharply in August

US retail sales rebound sharply in August

WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded more than expected in August as households stepped up purchases of motor vehicles and stocked up for the new school year, reinforcing the economy's resilience even as consumers grow more anxious about high inflation. 
TrendlineTrendline
U.S. Retail Sales Rebound in August, Exceeding Expectations Amidst Inflation Concerns

U.S. Retail Sales Rebound in August, Exceeding Expectations Amidst Inflation Concerns

U.S. Retail Sales Rebound in August, Exceeding Expectations Amidst Inflation Concerns
TheStreetTheStreet
Goldman flips on Fed rate hike, then backtracks on forecast

Goldman flips on Fed rate hike, then backtracks on forecast

Goldman Sachs sees a September rate hike as likely but unnecessary.
ReutersReuters
Fed's Warsh lays out forces driving up bond yields

Fed's Warsh lays out forces driving up bond yields

NEW YORK, Sept 16 (Reuters) - Federal Reserve Chairman Kevin Warsh suggested on Wednesday that among the forces pushing up bond yields, a loss in confidence in the central bank's inflation fight mettle is not on that list.  
ReutersReuters
Morning Bid: A time to hike?

Morning Bid: A time to hike?

By Anna Szymanski Sept 16 (Reuters) - An unsettled few days set the scene for the week's main event: the Federal Reserve's policy decision.
ReutersReuters
Major central banks on tightening path amid energy price shock

Major central banks on tightening path amid energy price shock

By Stefano Rebaudo and Sophie Kiderlin Sept 17 (Reuters) - Major central banks are on a tightening path, with the Federal Reserve recalibrating its policy to a more restrictive stance on Wednesday, even as traders continue to price in a more aggressive policy response than projected in the U.S.
ReutersReuters
Wall Street gyrates higher after Fed hikes interest rate to battle inflation

Wall Street gyrates higher after Fed hikes interest rate to battle inflation

By Stephen Culp and Tharuniyaa Lakshmi NEW YORK, Sept 16 (Reuters) - Wall Street fluctuated higher on Wednesday after the U.S.
ReutersReuters
Dollar gains as oil lifts yields and Fed hike looms

Dollar gains as oil lifts yields and Fed hike looms

By Saqib Iqbal Ahmed NEW YORK, Sept 15 (Reuters) - The dollar was firmer across the board on Tuesday as surging oil prices lifted Treasury yields and reinforced expectations that the Federal Reserve will hike interest rates this week.
AP NewsAP News
Federal Reserve is expected to raise its benchmark rate, defying Trump's demands

Federal Reserve is expected to raise its benchmark rate, defying Trump's demands

The Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump’s demands