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Inflation Cooled in July, Welcome News for White House and Fed

Inflation cooled notably in July as gas prices and airfares fell, a welcome reprieve for consumers and a positive development for economic policymakers in Washington — though not yet a […]




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In an Unequal Economy, the Poor Face Inflation Now and Job Loss Later

The lease lasts only a year, however, and Ms. Clarke is worried about finding somewhere to live if it isn’t renewed. Even now, she is barely making ends meet: She […]




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How This Economic Moment Rewrites the Rules

Indeed, the Federal Reserve is trying to cut it off. Jerome H. Powell, the Fed chair, has described the labor market, with twice as many open jobs as unemployed workers, […]




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With Surge in July, U.S. Recovers the Jobs Lost in the Pandemic

U.S. job growth accelerated in July across nearly all industries, restoring nationwide employment to its prepandemic level, despite widespread expectations of a slowdown as the Federal Reserve raises interest rates […]




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How to Cope With Rising Rates and Inflation

Important pieces of information arrived over the last few days, but they do nothing to clear away the fog blanketing the markets and the economy.Is the economy lurching into a […]




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U.S. Economy Shows Another Decline, Fanning Recession Fears

A key measure of economic output fell for the second straight quarter, raising fears that the United States could be entering a recession — or perhaps that one had already […]




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Federal Reserve Makes Another Supersized Rate Increase to Tame Inflation

WASHINGTON — The Federal Reserve continued its campaign of rapid interest rate increases on Wednesday, pushing up borrowing costs at the fastest pace in decades in an effort to wrestle […]




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How U.S. Inflation Expectations Are Being Shaped by Consumer Choices

Economic policymakers are razor focused on inflation expectations after more than a year of rapid price increases. Consumers explain how they’re thinking about rising costs.July 27, 2022Inflation started in the […]




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How Will Interest Rate Increases Impact Inflation?

The Federal Reserve is expected to announce its fourth interest rate increase of 2022 on Wednesday as it races to tamp down rapid inflation. The moves have a lot of […]




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Fed Prepares Another Rate Increase as Wall Street Wonders What’s Next

Federal Reserve officials are set to make a second abnormally large interest rate increase this week as they race to cool down an overheating economy. The question for many economists […]