Confirmation vote raises concerns over central bank's independence
Inflationary pressure, weak labour market complicate decision
Consumer prices rose 2.9% from a year earlier, up 2.7% from July
Core prices climb while consumer spending shows resilience
"No hire, no fire" economy sees employers hanging onto workers
Fed chair has signalled central bank will resist political pressure as it weighs slowdown, inflation
Chair's remarks suggest Fed will continue to watch data closely
Fed chair faces pressure to meet dual employment, inflation mandate
Policymakers hold rates steady as tariff-driven inflation risks loom
Tariffs keep core inflation high as gas and grocery prices ease