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Powell Suggests Interest Rates Could Stay High for a Longer Period
Posted inBanking and Financial Institutions Consumer Price Index Inflation (Economics) Interest Rates Jefferson, Philip N Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy

Powell Suggests Interest Rates Could Stay High for a Longer Period

The Fed chair, along with the central bank’s No. 2 policymaker, stressed uncertainties over job growth and the persistence of elevated inflation.
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Posted by By Ben Casselman and Jim Tankersley
3 Facts That Help Explain a Confusing Economic Moment
Posted inConsumer Price Index Federal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Prices (Fares, Fees and Rates) United States Economy

3 Facts That Help Explain a Confusing Economic Moment

The path to a “soft landing” doesn’t seem as smooth as it did four months ago. But the expectations of a year ago have been surpassed.
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Posted by By Ben Casselman
Biden’s Plan B on Inflation: Turn It Against Trump
Posted inBanking and Financial Institutions Consumer Price Index Presidential Election of 2024 Prices (Fares, Fees and Rates) United States Economy United States Politics and Government

Biden’s Plan B on Inflation: Turn It Against Trump

Price pressures aren’t easing fast enough to guarantee the interest-rate cuts the president hoped to see by November, so his message is evolving.
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Posted by By Jim Tankersley
Inflation Was Quicker Than Expected in March, Unwelcome News for the Fed
Posted inConsumer Price Index Federal Reserve System Inflation (Economics) Interest Rates United States Economy

Inflation Was Quicker Than Expected in March, Unwelcome News for the Fed

The surprisingly stubborn reading raised doubts about when — and even whether — the Federal Reserve will be able to start cutting interest rates this year.
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Posted by By Jeanna Smialek

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