Banking and Financial Institutions – Page 175

Still Going Fast, Inflation Changes Drivers

Two years ago, high inflation was about supply shortages and pricier goods. Then it was about war in Ukraine and energy. These days, services are key.

By Jeanna Smialek and Christine Zhang

Banking and Financial Institutions Income Inflation (Economics) Interest Rates Labor and Jobs Prices (Fares, Fees and Rates) United States Economy

Still Going Fast, Inflation Changes Drivers

Two years ago, high inflation was about supply shortages and pricier goods. Then it was about war in Ukraine and energy. These days, services are key.

By Jeanna Smialek and Christine Zhang

Banking and Financial Institutions Company Reports Credit and Debt Federal Deposit Insurance Corp Federal Reserve System First Republic Bank Interest Rates Silicon Valley Bank Stocks and Bonds

First Republic Lurches as It Struggles to Find a Savior

The bank is sitting on big losses and paying more to borrow money than it is making on its loans to homeowners and businesses.

By Rob Copeland and Maureen Farrell

Bank of England Banking and Financial Institutions Daily Mail Economic Conditions and Trends Great Britain Inflation (Economics) Pill, Huw Wages and Salaries

Central Banker to Britons: You’re Worse Off. Accept It.

The comment, from the Bank of England’s chief economist, was offered as a way to curb inflation. But the message has fallen flat.

By Eshe Nelson