Global oil market faces wide range of upside, downside risks
But prices continue to rise faster than is consistent with the Fed's 2% target
The Fed may be able to avoid a rate hike at its next two-day meeting
Biggest year-over-year gain since April
Higher borrowing costs could lead Federal Reserve to forgo another hike
American employers posted 9.6 million job openings in August, up from 8.9 million in July
Deputy governor says the bank is rethinking its assumptions about what drives inflation
Annual rate pegged at 4.3% this month, a drop from 5.2% in August
Recovery will pick up steam in the second half of 2024, the company forecast
Surprising resilience continues amid tighter monetary policy