interest rates

Federal Reserve

Federal Reserve raises rates for 11th time to fight inflation – Associated Press

Photo: Federal Reserve Chair Jerome Powell arrives for a news conference at the William McChesney Martin Jr. Federal Reserve Board Building The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months as part of its ongoing drive to curb inflation. But it provided little guidance about when — or


Opinion: The Economic Consequences of President Biden – Inside Sources

(CREDIT: Jay Godwin, GoodFreePhotos) There is an old Wall Street joke about a man who jumped off the Empire State Building. When asked at the 40th floor how things were going, he replied, “So far, so good.” We have to wonder whether something similar might be said of President Biden. At the start of his


US inflation hits its lowest point since early 2021 as prices ease – Associated Press

Squeezed by painfully high prices for two years, Americans have gained some much-needed relief with inflation reaching its lowest point since early 2021 — 3% in June compared with a year earlier — thanks in part to easing prices for gasoline, airline fares, used cars and groceries. The inflation figure the government reported Wednesday was

Gas Prices

Arizona Weekly Gas Price Update for Week of June 12, 2023

Average gasoline prices in Arizona have fallen 10.3 cents per gallon in the last week, averaging $4.28/g today, according to GasBuddy’s survey of 2,269 stations in Arizona. Prices in Arizona are 35.2 cents per gallon lower than a month ago and stand 102.1 cents per gallon lower than a year ago. The national average price

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