Posted on

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 […]




Posted on

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 […]




Posted on

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 […]




Posted on

Euro Hits Parity With U.S. Dollar for First Time in 20 Years

Take a look: €1 = $1.With a war on the eurozone’s border, an uncertain energy supply from Russia and a growing risk of recession, the pressures bearing down on the […]




Posted on

Strong Wage and Jobs Growth Keeps Fed on Track for Big Rate Increase

A surprisingly robust June employment report reinforced that America’s labor market remains historically strong even as recession warnings reach a fever pitch. But that development, while good news for the […]




Posted on

Fed Confronts a ‘New World’ of Inflation

Federal Reserve officials are questioning whether their longstanding assumptions about inflation still apply as price gains remain stubbornly and surprisingly rapid — a bout of economic soul-searching that could have […]




Posted on

The Fed Raises Interest Rates by 0.75 Percentage Points to Tackle Inflation

The Federal Reserve took its most aggressive step yet to try to tame rapid and persistent inflation, raising interest rates by three-quarters of a percentage point on Wednesday and signaling […]




Posted on

Fed Set to Lift Rates as ‘Soft-ish Landing’ to Slow Inflation

Federal Reserve officials are meeting this week with one major goal in mind: cooling the economy enough to slow rapid inflation.The odds of pulling that off without plunging the nation […]




Posted on

Fed Set to Lift Rates as ‘Soft-ish Landing’ Becomes a Harder Sell

Federal Reserve officials are meeting this week with one major goal in mind: Cooling the economy enough to slow rapid inflation.The odds of pulling that off without plunging the nation […]




Posted on

Ben Bernanke Sees ‘Stagflation’ Ahead

Standing in his kitchen one morning in Washington, D.C., and drinking a glass of lightly flavored water, Ben Bernanke is wearing a gray suit, a button-down shirt, no tie and […]