Investors had no trouble gliding past the death and economic devastation wrought by the pandemic last year to drive the market to record highs. An increasingly healthy economy is what’s […]
Inflation (Economics)
Trending topics and news from the Inflation (Economics) category
Back to news homeStimulus Checks Helped Personal Income Surge in January
The American economic recovery came perilously close to falling off a cliff at the end of last year. But government aid arrived just in time to prevent a disaster — […]
Biden and the Fed Leave 1970s Inflation Fears Behind
Economists have struggled to understand the phenomenon, but they largely think inflation is being held down by a cocktail of aging demographics, changing consumer expectations and limited pricing power in […]
How Full Employment Became Washington’s Creed
As President-elect Joseph R. Biden, Jr. prepares to take office this week, his administration and the Federal Reserve are pointed toward a singular economic goal: Get the job market back […]
Is Inflation About to Take Off? That’s the Wrong Question
The warnings that higher inflation lurks around the corner are starting to show up everywhere.They are appearing in some business surveys, with companies looking to raise prices as they prepare […]
A Second Economic Crisis for Biden, but a Different First Response
Mr. Biden has stressed that such aid will support increased consumer spending, but he and his team cast the goal of distributing the money in more human terms: to ensure […]
Fed Officials Debated Rate Liftoff in 2015, Offering Lessons for Today
The Federal Reserve lifted interest rates from near-zero in 2015 after years of holding them at rock bottom following the 2008 global financial crisis. Transcripts from their policy discussions, released […]
The Year the Fed Changed Forever
WASHINGTON — As Jerome H. Powell, the Federal Reserve chair, rang in 2020 in Florida, where he was celebrating his son’s wedding, his work life seemed to be entering a […]
Janet Yellen Set to Lead Treasury Department Under Biden
WASHINGTON — Janet L. Yellen became an economist at a time when few women entered the profession and fewer still rose in a male-dominated environment. She is now poised to […]