The Federal Reserve has warned for months that wrestling rapid inflation back to a normal pace was likely to be a bumpy process, a reality underscored by fresh data on […]
Inflation (Economics)
Trending topics and news from the Inflation (Economics) category
Back to news homeEurozone Inflation Holds Steady at 5.3 Percent
The NewsConsumer prices in the eurozone rose 5.3 percent in August compared with a year earlier, sticking at the same pace as the previous month and defying economists’ expectations for […]
Will Inflation Keep Slowing? The Key Areas to Watch
President Biden has openly celebrated recent inflation reports, and Federal Reserve officials have also breathed a sigh of relief as rapid price gains show signs of losing steam.But the pressing […]
Fed Chair Powell in Jackson Hole: Inflation Fight Isn’t Over
Jerome H. Powell, the chair of the Federal Reserve, pledged during a closely watched speech that his central bank would stick by its push to stamp out high inflation “until […]
How the Jackson Hole Conference Became an Economic Obsession
Filmmakers have Cannes. Billionaires have Davos. Economists? They have Jackson Hole.The world’s most exclusive economic get-together takes place this week in the valley at the base of the Teton mountains, […]
U.S. Mortgage Rates Climb Above 7%, a 21-Year High
Mortgage rates surged to a 21-year high this week, a jump that will make it even harder for buyers to afford homes in a market hampered by high prices and […]
Walmart Draws More Shoppers, Helping to Bolster the Economy
Walmart, the largest retailer in the United States, on Thursday reported stronger-than-expected growth in sales and profit as it attracted more shoppers willing to open their wallets, a sign that […]
Roaring Back From Pandemic, Japan’s Economy Grows by 6 Percent
Japan’s economy recorded impressive growth in the second quarter of 2023, government data showed on Tuesday, evidence that the country is finally recovering from the Covid doldrums, even as signs […]
America Spends Big for Beyoncé’s “Renaissance” and Taylor Swift’s “Eras” Tours
Beyoncé told us that girls run the world. This summer, she and Taylor Swift seemed to prove it.Both Beyoncé’s “Renaissance” and Ms. Swift’s “Eras” tours have become cultural phenomena that […]
Inflation Rose to 3.2%, but Overall Price Trends Are Encouraging
Fresh inflation data offered the latest evidence that price increases were meaningfully cooling, good news for consumers and policymakers alike more than a year into the Federal Reserve’s campaign to […]